Shwe gas to be used for power
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Due to Myanmar's serious power shortage, natural gas from the Shwe block will be used mainly for generating electricity for home consumption, a source from the Energy Ministry said.
Only surplus gas will be diverted for distribution to gas-fuelled vehicles, the source said.
Energy Minister U Than Htay told parliament recently that the ongoing exploration of oil and natural gas at three offshore areas in the Rakhine State, the Mottama Gulf and the Taninthayi Region is intended solely for local consumption. Shwe natural gas block is estimated to have 4.5 trillion to 7.7 trillion cubic feet of deposit, with a daily production capacity of about 500 million cubic feet.
