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Natural gas export earned US$1.2billion

Shwe Yee Htun-1 Well about 30 miles off Ngwesaung Beach, Pathein. Photo: Supplied by Ministry of Energy

The export of natural gas as of 9th September in this fiscal year 2016-2017 fetched only US$1.2billion, a slump of US$770million when compared to the similar period of the last fiscal year, it is learnt from the Ministry of Commerce.
The export value of natural gas in this fiscal year amounted to US$1,230.765million, whereas that in the previous fiscal year was US$2,002.434million. The decline in the natural gas price resulted in the decrease in the export value. The volume of the export in the two years does not have a large gap, it is learnt.

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