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The Shwe gas field is a
natural gas field A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence ...
in
Andaman Sea The Andaman Sea (historically also known as the Burma Sea) is a marginal sea of the northeastern Indian Ocean bounded by the coastlines of Myanmar and Thailand along the Gulf of Martaban and west side of the Malay Peninsula, and separated fro ...
. It was discovered in 2004 and developed by and
Daewoo Daewoo ( ; Hangul: , Hanja: , ; literally "great universe" and a portmanteau of "dae" meaning great, and the given name of founder and chairman Kim Woo-choong) also known as the Daewoo Group, was a major South Korean chaebol (type of conglomera ...
. It began production in 2013 and produces
natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon ...
and condensates. The total
proven reserves Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil reserves, natural gas reserves, and coal reserves. It is defined as the " antity of energy sources estimated with reason ...
of the Shwe gas field are around 9.1 trillion cubic feet (260 km³), and production is slated to be around 700 million cubic feet/day (20×105m³).


References


See also

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Kyaukpyu Township Kyaukpyu Township ( my, ကျောက်ဖြူမြို့နယ်) is a township of Kyaukpyu District in the Rakhine State of Myanmar. The principal town is Kyaukpyu. At Ma Day Island of Kyaukpyu Township, a deep sea port was being built ...
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Sino-Burma pipelines Sino-Myanmar pipelines refers to the oil and natural gas pipelines linking Myanmar's deep-water port of Kyaukphyu (Sittwe) in the Bay of Bengal with Kunming in Yunnan province of China. History Talks between China and Myanmar on the feasibilit ...
Natural gas fields in Myanmar {{Burma-geo-stub