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As of 2015, Myanmar exports gas to Thailand and China. [3] Myanmar had proven gas reserves of 10 trillion cubic feet in 2012, with an annual production capacity of 416 BcF. [14] Oil reserves in 2013 numbered at 50 million barrels, with a production capacity of 21,000 bbl/d. [14] The Yenangyaung oil field continues to be in operation.
Trends in the top five crude oil-importing countries, 1960–2012. This is a list of countries by oil imports based on The World Factbook and other sources. [1] Many countries also export oil, and some export more oil than they import.
Under India's Look East policy, fields of co-operation between India and Myanmar include remote sensing, [186] oil and gas exploration, [187] information technology, [188] hydropower [189] and construction of ports and buildings. [190] Myanmar also has close political relations with Vietnam [191] and Japan. [192] [193]
India is the largest market for Burmese exports, buying about US$220 million worth of goods in 2000; India's exports to Myanmar stood at US$75.36 million. [109] India is Myanmar's 4th largest trading partner after Thailand, the PRC and Singapore, and second largest export market after Thailand, absorbing 25 percent of its total exports. [114]
Daily oil consumption by region from 1980 to 2006. This is a list of countries by oil consumption. [1] [2] In 2022, the International Energy Agency (IEA) announced that the total worldwide oil consumption would rise by 2% [3] year over year compared to 2021 despite the COVID-19 pandemic. [citation needed]
Manipur is a hilly, forested region of 3.2 million people in India's northeast, bordered by Myanmar. The fighting there was sparked last year by a court order that proposed giving the Meiteis, who ...
The oil and gas sector is a large part of the economy, with Myanmar serving as a net exporter of natural gas to countries like China and Thailand. However, infrastructure like the Sino-Myanmar pipelines has also become a geopolitical focal point for the country's internal conflicts. [7] Roadside petrol station in rural Mandalay Region
India–Myanmar relations, also known as the Indo–Burmese relations, are the bilateral relations between the Republic of India and the Republic of the Union of Myanmar. These relations encompass the political, economic and socio-cultural relations that exist between the two neighboring Asian countries.