Trilateral Contract Inked for Myanmar Gas Exploration

Burmese government has signed a deal with Petronas Carigali Myanmar Inc and Burma’s UNOG Pte Ltd. for exploration and development of two onshore gas blocks.,

The two inland blocks are RSF-2 in Tuywintaung Myaingtaung region and RSF-3 in Gwaycho Ngashantaung region.

The south east Asian nation has opened 18 inland blocks over the past nine months for international firms.

The country has granted seven Burmese national-owned companies to do joint venture business with international oil companies on nine blocks out of the 18 and two contracts have been inked.