The export of natural gas value in nine months of this fiscal year decreased by over 32 million when compared to the same period of last fiscal year

Over US$2.7 billion was earned from export of natural gas in more than nine months of the current fiscal year falling by over US$32 million compared to the same period of last year, according to the Ministry of Commerce.  

"We earned US$2.77 billion from export of 197,992,537 cubic feet of gas from October 1 to July 5 in the current 2018-2019 fiscal year," said a ministry official.

In the same period of the previous fiscal year, over US$2.802 billion was earned from export of 349,695,495 cubic feet of gas.

In comparison with last year, this year saw a fall of 151,702,958 cubic feet of gas worth US$32.593 million.

In the third year of the incumbent government's term, Myanmar Oil and Gas Enterprise produced 3.32 million barrels of crude oil and over 623,000 million cubic feet of gas from 86 onshore and offshore wells, according to the Ministry of Electricity and Energy.

The Ministry of Electricity and Energy made a clarification of its activities in the third year of the government's tenure in Nay Pyi Taw on May 9 and the clarifications were reported in the State-run newspapers.

 (Eleven Media Group: https://elevenmyanmar.com/news/gas-export-value-in-nine-months-falls-by-over-us32-m-this-year )

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