India seeks to buy gas from Myanmar

New Delhi, May 17:

India has offered to buy any surplus gas from Myanmar and import it in the form of compressed natural gas (CNG) ahead of the finalisation of a deal for supplies from offshore Blocks A-1 and A-3 possibly through a pipeline.

The gas from offshore Blocks A-1 and A-3, in which India has 30 per cent stake, is expected to beco-me available only from 200-9-10 according to the development schedule.

“India has offered to give cash for whatever quantity of gas Mynamar is willing to offer us from the surplus it currently has after supplies to Thailand.”

“It is estimated that Myanmar has around 200,000 tonnes surplus,” a senior petroleum ministry official said today.