Gas exports reach US$10 bn in 3 years

Myanmar’s natural gas exports have amounted to over $10 billion in three years under the civilian government, according to the Ministry of Commerce.

The gas revenues comprise $3.5 billion for fiscal year 2011-12, $3.66 billion for 2012-13 and $3.3 for 2013-14.

In the same period, exports of timber and wood products amounted to $2 billion. And gems earned $2 billion in export earnings. The country received a total of $14 billion in exporting natural resources.

Recently the government organised the 51st Myanmar Gems Exhibition which saw the record earnings of about $800 million.

For the past eight years, natural gas revenues totalled $22 billion.

The country has four natural gas fields, namely Yetagon, Yadana, Zawtika and Shwe.

Private operators have been awarded production contracts to sell 85 per cent of output from three fields while the state-owned Myanmar Oil and Gas Enterprise has the control over the remaining 15 per cent.

Only at Yetagon field, the government has retained the right over 20.45 per cent of production output.


NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here