Myanmar’s energy issue – Mind the gap
As its market grows, Myanmar faces a looming gas shortage. The potential for LNG to provide a solution is assessed in this contributed feature by Mike Madden and Chris Brooks of MJM Energy As its market grows, Myanmar faces a looming gas shortage. The potential for LNG to provide a solution is assessed in this contributed feature by Mike Madden and Chris Brooks of MJM Energy.
23 November 2017
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Myanmar is starting to struggle to both exploit its current reserves and bring online new sources of gas. (Francisco Anzola/Flickr)
The challenge
Myanmar is similar to its neighbouring countries in that it is abundant in natural resources, a large percentage of which come in the form of extensive proven reserves of offshore gas (283 billion cubic metres as of 2014). The gas export sector attracts the largest share of foreign direct investment in Myanmar. Gas production is also a key earner for Myanmar, having been valued at $3.3 billion between 2013 and 2014. The country’s domestic gas output is growing in parallel with an increase in...
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