Myanmar: Interest sought in oil, gas exploration

Myanmar’s Ministry of Energy and state Myanma Oil & Gas Enterprise are attempting to heighten interest in oil and gas exploration under recent political reforms in the Asian country.

An exhibition and conference are planned in Yangon Feb. 24-27, 2014, organized by ITE Group PLC, to showcase the country’s resources, which are estimated at 50 million bbl of oil and 283.3 billion cu m of gas. The country has seen limited land and offshore exploration.

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