Posco International discovers new gas field in Block A3

South Korean conglomerate Posco International Corporation 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 metres 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 two to three years later.

Source: Energy-pedia