Myanmar will resume bidding for oil and gas this year

 
According to Myanmar times, June 18, the power and energy, vice general secretary Tai Aung said recently that Myanmar will be in this year a new round of bidding for oil and gas industry of oil and gas exploration is very important for Burma's fiscal revenue Burma, official figures show 2017 in fiscal 2018, natural gas exports accounted for about half of all exports of Myanmar have industry analysts warned, due to the current expectations of oil prices is not optimistic, the Burma may need to sell at a discount to its oil and gas blocks.
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