USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

243

Burma, Malaysia To Refine and Transport Gas

Burma signed an agreement with Malaysia's national oil corporation to conduct a feasibility study

Burma, Malaysia To Refine and Transport Gas

Burma signed an agreement with Malaysia?s national oil corporation to conduct a feasibility study on refining and transporting natural gas to neighbouring countries.

The memorandum of intent with Petroliam (Petronas) of Malaysia was to study commercial and technological issues related to selling natural gas from Burma through pipelines to neighbouring countries.

The agreement was also to consider the prospects of manufacturing liquefied natural gas from existing and potential future deposits in Burma.

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