The export of natural gas from Myanmar to neighbouring countries such as China and Thailand earned over US$800 million during the four months of this 2022-2023 financial year, stated the Ministry of Commerce. From 1 April to 31 July, 77.89 million kilo of natural gas were exported through gas pipelines and earned $819.503 million.
Myanmar received $135 million in April, $194 million in May, $286.033 million in June and $204.47 million in July, respectively. Natural gas was exported mainly by the four offshore natural gas production projects which are Yadana, Yedagun, Shwe and Zawtika natural gas production projects. In April 2022, the country earned $289.9 million from natural gas exports and $229.2 million in April 2021. Comparing the same period in the previous year, the income from natural gas export exceeds $60.7 million.
During the six months of the 2021-2022 financial year from October to March (mini-budget period), more than $1,715 million were collected from natural gas exports, and the monthly export was the highest in November, according to the Ministry of Planning and Finance. In the mini-budget (from October to March) period of the 2021-2022 financial year, $280.2 million in October, $300.8 million in November, $274.2 million in December, $279.5 million in January, $290.2 million in February and $290.3 million in March, totalling $1,715.2 million were received by natural gas exports.
Source: The Global New Light of Myanmar