Myanmar exports $1.43 bln worth of natural gas to China in 2022

Myanmar’s natural gas export to China pocketed US$1.43 billion in 2022.
Myanmar is listed among China’s largest gas importers. It ranked third after Turkmenistan and Russia.
Natural gas extracted from the Shwe natural gas field located offshore from Rakhine State is exported to China through the cross-border Myanmar-China gas pipeline.
Approximately 12 billion cubic meters of natural gas are yearly exported to China through that pipe which was constructed with an estimated cost of $1 billion. The pipeline connects Rakhine, Magway, Mandalay, and Shan State to Yunnan Province, China.
Furthermore, a 771-kilometre-long crude oil pipeline was constructed with the use of $1.5 billion. It was designated to send 22 million tonnes of crude oil per year.
South-East Asia Gas Pipeline Company Limited (SEAGP) is responsible for the operation of the Myanmar-China Gas Pipeline, while South East Asia Crude Oil Pipeline Company is in charge of the crude oil pipeline. Myanmar Oil and Gas Enterprise (MOGE) owns 7.36 per cent of shares in the gas pipeline project, whereas it holds 49.1 per cent of shares in crude oil pipeline projects. — TWA/EM

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