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Natural gas to become alternative fuel for Myanmar

NATURAL GAS TO BECOME ALTERNATIVE FUEL FOR MYANMAR
Date: 24/07/2013
Source: Eleven
Natural gas to become alternative fuel for Myanmar

Natural gas is soon to play a vital role in Myanmar's energy sector, eventually overtaking petrol according to energy sector officials.

Thaung Win, the Chairman of Energy and Renewable Energy Committee, was speaking at the Myanmar-Korea Natural Gas Vehicle Forum on June 24.
Myanmar is expected to increase off-shore and on-shore crude oil production by 0.2 percent between 2011 and 2016. In the natural gas sector the country expects to increase by 70.2 percent, playing a vital role in the future of Myanmar energy sector.

“For that reason, natural gas will become a must alternative in transportation sector, too. Natural gas vehicles ensure a reduction in environmental pollution. The use of natural gas is much cheaper than petroleum fuel,” said Thaung Win.

Presently, gas from Nyaungdon on-shore natural gas field is being provided to cars running in Yangon, according to the statement released by Myanmar Oil and Gas Enterprise (MOGE).


Topic: Business
Did You Know?
Myanmar Time is 6:30 hours ahead of Greenwich Mean Time. For example on a Monday at midnight in Yangon , it will be: New York (Eastern Standard) 1230 hours on Monday London (GMT) 1730 hours on Monday Bangkok 0030... ... More

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COUNTRY SNAPSHOT
GDP 2010 USD 45.4 B
GDP 2012 USD 54.0 B
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