Myanmar Exports Gas Worth $170 mn Every Month

Myanmar’s monthly revenues from gas exports amount to $170 million, according to ministry of energy data.

The Southeast Asian nation exports a total of 1.6 billion cubic feet per day to Thailand and China, Myanmar Times reported Monday citing the ministry data.

The average monthly income is based on the average sales for the year.

Myanmar has four offshore gas fields. Roughly 700 million cubic feet per day (mmcfd) is exported from the Yadana project and 325 from the Yetagun field, both of which are located in the Andaman Sea. Around 360mmcfd is exported from the Shwe gas project in the Bay of Bengal and 240 from the Zawtika project in the Gulf of Martaban, according to the ministry.

Myanmar is the largest gas exporter in Southeast Asia, with an estimated 70 percent of its output pumped to Thailand, the newspaper said.