Myanmar to Explore More Natural Gas and Resources
From Eleven Myanmar
Myanmar is planning to step up its exploration effort by 25 percent for natural gas, 7 percent more of jade and 10 percent more of gems in the coming fiscal year of 2013-14, according to the National Planning Bill.
The country’s focus at expansion of its crude oil and natural gas exploration is not only for local consumption security but also for export. In this situation, Myanmar expects to explore 16.7 percent more of crude oil and 25.8 percent more of natural gas in the cooperative sector.
Similarly, the National Planning Bill described that exploration of natural gas would boost in coming fiscal year because the law has expected more natural gas to be explored in Magway region, Shwe natural gas field in Rakhine Offshore region and Zawtika natural gas field from Ayeyawady region.
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