CPTC2

Myanmar top natural gas producer in Asia
Indo-Asian News ServiceWednesday, November 21, 2007
(Yangon):Myanmar is the biggest producer of natural gas in Asia and has the potential to ascend higher globally because many gas projects remain to be implemented, Yangon Times reported on Wednesday.Currently, the country ranks 10th at the world level with its gas sale, up from 11th previously, while it represents the first in Asia, the daily quoted the World Energy magazine as saying.Myanmar started production and export of gas to Thailand in the late 1990s through a pipeline from the Yadana field in the gulf of Mottama, and Yetagun field off the Tanintharyi coast.Energy authorities of Myanmar and Thailand have been negotiating the construction of a marine, joint-venture natural gas pipeline since September for more export of gas to Thailand from the M-9 block in Myanmar's Mottama offshore area, officials disclosed.The Thai PTT Exploration and Production (PTTEP) Public Co Ltd, which has been engaged in gas exploration at the block, has so far found large commercial gas deposits at seven test wells since 2005.With a total of estimated gas reserve of more than 226.5 billion cubic-meters (BCM) and a production rate of about 8.49 billion cubic-meters (MCM) per day, the M-9 field is expected to be able to produce gas and export to Thailand by late 2011. In recent years, the country also found huge gas deposits in the Shwe and Shwephyu fields at block A-1 in 2004 and the Mya field at block A-3 in 2005.