Myanmar drills new wells in offshore gas field

Xinhua, YANGON: New wells are being drilled in Myanmar' offshore M-5 and M-6 blocks of the Yadana Gas Field to explore more gas and keep its production on track until 2020, official media reported yesterday. The Yadana Gas field is a jointventure project established in 1992 between the Myanmar Oil and Gas Enterprises and France-based Total E & P Myanmar Company. Myanmar Oil and Gas Enterprise is running under the Ministry of Energy. The project exports more than 500 million cubic feet of gas per day while supplying 200 million cubic feet of gas for domestic consumption every day. The production sharing contract for the project will end in 2020. The firm accounts for 50 percent of Myanmar's Energy consumption, while the remaining 50 percent is from Zawtika project, the Shwe gas pipeline and onshore blocks.

 

Myanmar drills new wells in offshore gas field

Xinhua, YANGON: New wells are being drilled in Myanmar offshore M-5 and M-6 blocks of the Yadana Gas Field to explore more gas and keep its production on track until 2020, official media reported yesterday. The Yadana Gas field is a jointventure project established in 1992 between the Myanmar Oil and Gas Enterprises and France-based Total E P Myanmar Company. Myanmar Oil and Gas Enterprise is running under the Ministry of Energy. The project exports more than 500 million cubic feet of gas per day while supplying 200 million cubic feet of gas for domestic consumption every day. The production sharing contract for the project will end in 2020. The firm accounts for 50 percent of Myanmars Energy consumption, while the remaining 50 percent is from Zawtika project, the Shwe gas pipeline and onshore blocks.