Myanmar’s natural gas exports bag over US$2 bln in 8 months

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The photo shows the M5 and M6 offshore national gas blocks by Yadana offshore projects in the Gulf of Mottama in 2018.

The value of Myanmar’s natural gas exports totalled over US$2 billion in the current financial year 2023-2024, according to the Ministry of Commerce.
Of the top export groups, Myanmar’s natural gas export sector ranked second between 1 April and 22 December. The statistics released by the Ministry of Planning and Finance indicated that natural gas earnings crossed $841.7 million in the Q1 (April-June) of the current FY, which was down by $67.8 million compared to that of the corresponding period last FY.
Myanmar exported natural gas to Thailand, China, and Japan. Yadana, Yedagun, Shwe, and Zawtika offshore gas production projects conduct drilling and extraction of natural gas at present. — TWA/KK

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