Huge Myanmar Offshore Gas Field near Bangladesh
An offshore gas field near Myanmar’s border with Bangladesh could be significantly larger than Myanmar’s other two operating field and eventually be piped to India, a report here said.
The reserves could be more than double those found at either the Yadana or Yetagun gas fields, a report in the
There “is most likely around 13.4 to 47.3 trillion cubic feet of natural gas at the site where we are going to drill a test well in November next year,” H D Lee, deputy managing director of affiliate Myanmar Daewoo, told the weekly in its edition to be published Monday.
The reserves at yadana and Yetagun are 6.7 and 3.2 trillion cubic feet respectively, he was quoted as saying.
Daewoo international holds a major interest in an exploration project at the field, the report said, which plans to start seismic interpretation and geological surveys of the field off western Rakhine state in October.
The company reportedly signed a production-sharing contract with
Depending on the quantity of gas found, the consortium will consider transporting the gas by ship or through a direct pipeline to
The issue of gas pipeline construction in
In June, a
The suit also alleges forced labour was used to build the pipeline.
Rights activities have estimated that the junta receives around 150 million dollars annually from the Yadana pipeline, cash that they allege bankrolls its. #
Note: the daily star mentioned it on 2nd September 02.