Natural gas export volume reached more than US$ 2.4 billion in the eight months of this fiscal year, decreasing by more than US$ 97 million, compared with the same period of last year, said an official of the Ministry of Commerce.
More than US$ 2.456 billion were fetched from the export of 177 million cubic feet of natural gas from October 1 to May 31 of 2018-2019 FY. Natural gas export reached more than US$ 3.258 billion and more than 296 million cubic feet of natural gas was exported in the same period of last year.
Natural gas export volume decreased by 119 million cubic feet of natural gas on more than US$ 97 million. Myanma Oil and Gas Enterprise generated 3.32 million crude barrels and more than 623,000 million cubic feet of natural gas from 86 oil and gas wells of offshore and onshore during the third year of the current presidential term, according to the Ministry of Electric Power and Energy.
The press conference on performance made during third year of the current presidential term for the State and the people was held at the office of the Ministry of Information in Nay Pyi Taw on May 9, cited the statement on State-owned newspapers.
During the third year of the current presidential tenure, the MOGE managed to dig 40 wells, producing 2.31million barrels of crude oil and 19,019 million cubic feet of natural gas.
The international companies dug 46 offshore wells and generated 1.02 million cubic feet of petrol and 604,818 million cubic feet of natural gas. During the third year of the current president tenure, a total of 3.2 million barrels of crude oil and 623,838 million cubic feet of natural gas from onshore and offshore.
Translated and Edited by Win Htut
