5 percent, Korea Gas Crop 8.5 percent and Myanmar Oil and Gas Enterprise (MOGE) 15 percent, it added.

The Shwe field holds a gas reserve of four to six trillion cubic feet (TCF), while the Shwe phyu five TCF and Mya two TCF with a combined proven reserve of 5.7 to 10 TCF.

Official statistics reveal that foreign investment in Myanmar's oil and gas sector reached $3.398 billion in 89 projects at the end of May 2009.

Official statistics show that during the year, Myanmar earned $2.384 billion from exporting natural gas.

Myanmar has abundance of natural gas resources especially in the offshore areas. With three main large offshore oil and gas fields and 19 onshore ones, Myanmar has proven recoverable reserve of 18.012 trillion cubic feet (TCF).