Natural gas export earnings decrease by over US$35million

Natural gas export earnings as of the end of May this FY hit over US$230million, a decrease of over US$35 million from the same point last year, according to the Commerce Ministry. Natural gas exports accounted for 45 per cent of the country’s total export earnings, followed by the garment sector with 17 per cent. […]

Offshore Contracts Signed, But Delays Abound

One of the 13 foreign companies to win offshore oil and gas exploration licences in March has announced it has finally negotiated a production-sharing contract with the state Myanma Oil & Gas Enterprise (MOGE). But an industry report said it could be the next decade by the time any new oil or gas is actually […]