Myanmar is the world’s 26th-largest producer of natural gas and the country’s output increased by 0.7% in 2022, over 2021. The country accounts for 0.39% of global production, with the world’s other largest producers being the US, Russia and Iran. GlobalData uses proprietary data and analytics to provide a complete picture of the natural gas sector in Myanmar in its report, Oil and Gas Upstream Production and Capex Outlook by Projects (Crude and Condensate and Natural Gas), Fields (Active, Planned and Announced), Region, Key Countries, Companies and Forecast, 2023-2027. Buy the report here.

Over the five years to 2022, production from Myanmar increased by a CAGR of 0.33% and is expected to drop by a CAGR of 0.51% between 2023 and 2027.

The largest producers of natural gas in Myanmar are PTT Public, Posco International and Myanma Oil and Gas Enterprise. PTT Public was the largest producer of natural gas in 2022 with output down by 7% on 2021.

Posco International was the second-largest producer, with output up by 13%, and Myanma Oil and Gas Enterprise was third with an increase of 3% on the previous year.

There are ten natural gas producing fields in Myanmar of which three are located offshore and the rest onshore. The Magway has the majority of the natural gas fields in the country with four.

For more detailed analysis of natural gas sector in Myanmar, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.  

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.