Dharmendra Pradhan pitches for more engagement with Myanmar in petroleum sector

Dharmendra Pradhan pitches for more engagement with Myanmar in petroleum sector

Minister of Petroleum and Natural Gas Dharmendra Pradhan has said that India needs to have more engagement with the latter in oil and gas sector. Pradhan visited a gas production facility in Myanmar, where state owned companies OVL and GAIL have been producing gas with the Myanmar Government, South Korean based POSCO and KOGAS companies.“Myanmar has huge unexplored hydrocarbon potential; need to have more engagement in Myanmar in oil & gas sector,” he tweeted. Pradhan further informed that the A1 and A3 block of the facility produce about 16 Million Metric Standard Cubic Meter Per Day gas, out of which 80 percent of this is exported to China through a pipeline. Myanmar shares a long land border of over 1600 Km with India as well as a maritime boundary in the Bay of Bengal. Myanmar is India’s gateway to South East Asia and ASEAN.

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