South Korean conglomerate Posco International Corp has discovered a new gas field in Block A3 at the Shwe natural gas project located offshore Rakhine, according to the Myanmar Times.
The company confirmed that it had found a gas column of around 18 meters at its Mahar-1 exploration well and plans to drill a couple of appraisal wells at the site from 2021 and development plans for the field will be established 2-3 years later.
Myanmar Times
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