YANGON—The state-run Myanmar Oil and Gas Enterprise signed agreements for gas production Monday with a joint venture that includes domestic company MPRL E&P Co., Woodside Energy from Australia and French energy giant Total.
The agreements cover production at offshore gas block A-6, which is located some 80 km west of Pathein Township in Ayeyarwady Region and has good prospects for commercial production, according to MPRL E&P Co.
Four exploration wells have been dug in the area and showed large gas deposits for commercial production, said MPRL E&P Co. executive director U Tint Swe.
“In the next stage, we will start production. We will dig production wells and produce natural gas,” he said.
The joint venture plans to start commercial production on Dec. 31, 2023.
“The gas production at offshore blocks which the country currently relies on may decrease in 2023-24. The fact that we can develop the A-6 [block] for commercial production increases the potential of the country’s energy sector,” said U Tint Swe.