South Korea’s Daewoo International said the Shwe gas field inside Myanmar's A-1 block had proven gas reserves of 2.88-3.56 trillion cubic feet (Tcf).

Daewoo said it would carry out five to seven more drillings at the A-1 and neighbouring A-3 block by November next year.
Daewoo operates and owns 60 per cent of the gigantic A-1 block, a discovery made early last year.
The company and other stake holders succeeded in early March in producing gas in the block off Myanmar’s west coast.
India's Oil and Natural Gas Corp has 20 per cent and marketing firm Gas Authority of India Ltd (GAIL) and Korea Gas Corp have 10 per cent each.
The entire A-1 block, which also contains the Shwe Nilar and Shwe Phyu fields, is estimated to hold 11.3 to 19.1 Tcf natural gas.

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