By 7 Days Daily
Myanmar, November 27, 2015
“Myanmar has $2.5 Bn income from oil and gas industry which is the data provide from the government” said Mr. Wan Aung, the CSO representative from Myanmar EITI committee. However, the figures will be much higher, as it excludes some of the oil and gas exploration site. The EITI report will release in January 2016. But, Myanmar will not report some other sectors, like gems. Myanmar government said the annual revenue from Jade is $650 mn, but the recent Global Witness report said, it could be $31 bn, and it equals 48% of the country’s GDP.
Translated by Mekong Eye
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