Natural gas exploration & demand scenario u zaw aung

March 28~29, 2012- Yangon, Myanmar

Outline

Introduction

Gas Production History of Myannmar

Demand & Supply

Gas Pipeline Grid

Gas Pricing

Demand Forecast

Natural Gas Resources in Myanmar

Supply and Demand Scenario 1 (Base Case)

Supply and Demand Scenario 2 (Normal Case)

Supply and Demand Scenario 3 (High Case)

Conclusion

Introduction

Shares of Energy Sources in World Primary Energy Demand

World Energy Outlook 2011

GAS

OIL

COAL

BIOMASS

NUCLEAR

HYDRO

Gas Production History of Myanmar

Daily Average Production (million cubic feet per day)

Budget Year Onshore Production Offshore Production Total

2001-2002 119 682 800

2002-2003 122 854 976

2003-2004 137 879 1016

2004-2005 143 1025 1168

2005-2006 135 1064 1199

2006-2007 122 1140 1261

2007-2008 96 1207 1303

2008-2009 108 1003 1111

2009-2010 79 1125 1204

2010-2011 61 1173 1234

2011-2012 65 1246 1311


Out of 1.31 billion cuft per day produced, 1041 mmcfd is exported to Thailand

and the remaining 270 mmcfd is used in various domestic sectors.

Demand & Supply

Gas Infrastructure

550

200

300

400

500

600

700

800

900

1000

1100

1200

1300

1400

1500

1600

2000-01 2005-06 2010-11 2015-16 2020-21 2025-26 2030-31

Dail

y M

MS

CF

Year

30 Years Gas Demand Forecast (2000-2001 to 2030-31)

Base Case

Normal Case

High Case

Current Trend

Demand Forecast

MYANMAR ONSHORE GAS RESERVES/ RESOURCES

Sr. No. Basin

Gas (IGIP) (TCF) Cumulative Production

(TCF) Proved Probable+ Possible

Total

1 CHINDWIN BASIN 0.011 1.394 1.405 -

2 CENTRAL MYANMAR 0.839 1.851 2.689 0.589

3 PYAY EMBAYMENT 0.484 1.954 2.438 0.303

4 AYEYARWADY DELTA BASIN 1.049 0.377 1.426 0.597

5 BAGO YOMA BASIN 0.029 1.418 1.447 0.002

TOTAL 2.411 6.994 9.405 1.492


13

Sr.

No. Company Block

Field

Prospect

Gas (IGIP) (TCF) Oil

(IOIP)

(MMBL)

Remark

Proved

Probable

+

Possible

Total

1 Total M-5 Yadana 6.690 - 6.690 Certified by DMN

M-5 Badamya 0.515 0.222 0.737 Certified by DMN

M-5 Sein 0.252 0.007 0.259 Certified by DMN

M-5 Others 2.732 2.732 Potential

M-6 0.450 0.450 4.542 By MOGE

Sub-total 7.907 2.961 10.868 4.542

2 Petronas M-12 Yetagun 4.023 0.478 4.501 84.560 Certified by DMN

M-13 YTG(North) 0.143 0.146 0.289 Certified by DMN

M-14 Aungzeya 0.179 - 0.179 1.790 By Premier Oil

M-

12/13/14 Others - 0.620 0.620 Potential

Sub-total 4.345 1.244 5.589 86.350

3 Daewoo A-1 Shwe 2.069 3.351 5.42 Certified by GCA

A-1 Shwe Phyu 0.277 0.895 1.172 Certified by GCA

A-3 Mya 1.023 1.470 2.493 Certified by GCA

A-3 Others - 4.930 4.930 Potential

Sub-total 3.369 10.646 14.015

MYANMAR OFFSHORE GAS RESERVES/ RESOURCES

To page 2


Sr.

No. Company Block

Field

Prospect

Gas (IGIP) (TCF) Cumulative

Production

(TCF)

Remark

Proved

Probable

+

Possible

Total

4 PTTEP M-3 3CA (North) 0.870 - 0.870 10 By MOGE

M-3 (East) - 4.250 4.250 Potential (PTTEPI)

M-4 - 3.280 3.280 Potential (PTTEPI)

M-7 0.173 4.640 4.813 Potential (PTTEPI)

M-9 3.068 16.581 19.649 Potential (PTTEPI)

M-11 - 9.000 9.000 Potential (PTTEPI)

Sub-total 4.111 37.751 41.862 10

5 M-8 - 4.039 4.039 Potential (NGWE)

CNOOC M-10 0.245 0.104 0.349 - Potential (CNOOC)

Sub-total 0.245 4.143 4.388 -

Total+Petronas+Daewoo+PTTEP+CNOOC 19.732 56.745 76.722 100.892

MYANMAR OFFSHORE GAS RESERVES/RESOURCES (Continued)

Note: This resource estimation was based on the available data from 17 known shallow water blocks.

No resource estimation has been done on the rest 8 shallow water blocks and 18 deep water blocks.


Supply and Demand Scenario 1 (Base Case)

Supply and Demand Scenario 2 (Normal Case)

Supply and Demand Scenario 3 (High Case)

Conclusion

• Natural gas demand is expected to remain high. • With high-case scenario, the supply eventually meets the

demand at around 2017.

• Exploration focus on natural gas has become a must.

• Recent development in floating LNG plant concept is an encouragement for offshore natural gas development including deepwater prospects.

• Today's awareness for domestic requirement is escalating at an unprecedented great speed.

• "More Gas, More Industries, More Economic Development, and More Wealth."

"More Gas, and More Wealth"

Natural gas exploration & demand scenario u zaw aung

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