Myanmar: Myanmar Gas Exports Seen Rising on Ramping Up of New China Pipeline

Jun 18, 2014 | Aung Hla Tun, Reuters
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(Reuters) - Myanmar's earnings from natural gas exports fell in the last fiscal year as more of the resource was consumed domestically but shipments of greater volumes to China as a new pipeline comes up to speed are expected to boost earnings this year.

Myanmar earned $3.299 billion from the export of gas during the 2013-14 (April/March) fiscal year, down from $3.666 billion in 2012-13 and compared to $3.502 billion in 2011-2012 and $580 million in 2003-2004, according to data released on Wednesday by the state-run Central Statistical Organisation (CSO).