Myanmar's natural gas export hit 3.5 billion USD in the first 11 months of the fiscal year 2018-2019 ending September, according to the Ministry of Commerce.
Hanoi (VNA) - Myanmar's natural gas export hit 3.5 billion USD in thefirst 11 months of the fiscal year 2018-2019 ending September, according to theMinistry of Commerce.
Thenatural gas export during the period increased by 430 million USD compared withthe corresponding period of the previous fiscal year.
Naturalgas represents one of the major export items of Myanmar and over 20 percent ofthe country's export earnings came from the sale of natural gas.
Under the country’s second five-year National Development Plan (2016-2017 to2020-2021), the four natural gas projects are expected to collectively yieldover 630 billion cubic feet of gas in 2019-2020 fiscal year.
Meanwhile,foreign investment in the oil and gas sector reached 22.42 billion USD in 154projects as of July 2019./.
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