MYANMAR is working with China, India, Thailand, Russia and Middle East countries to further increase natural gas production, according to the Ministry of Energy.
At present, Myanmar and Thailand are jointly expanding investments in oil and natural gas projects in the Ayeyawady and Mottama sedimentary basins, as well as related offshore areas of Myanmar. In addition, India is reportedly carrying out oil and gas exploration and drilling activities in areas near the Andaman Islands.
Myanmar is strengthening cooperation with China, India, Thailand, Russia and Middle East countries in offshore oil and natural gas projects. As demand for natural gas continues to rise in Myanmar as well as in China and Thailand, plans are underway to collaborate with China on technology and capital investment to further increase natural gas output from Myanmar’s offshore blocks, sources said.
Discussions have also been held on boosting production at mature oil and gas projects through the application of advanced technologies, jointly constructing a new oil refinery using crude oil supplied via the Myanmar-China crude oil pipeline, upgrading and building oil refineries and fertilizer plants, and creating conditions for increased investment. Cooperation frameworks between the governments of Myanmar and China on these initiatives have also been discussed, according to reports. — ASH/GNLM


