Myanmar research trip 2016: key takeaways
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- Recent gas discoveries generating optimism for offshore explorers
- Operators capturing lower seismic, drilling and services costs due to global cost deflation – but exploration activity set to pick up from 2017
- Higher-than-expected production decline at Yetagun impacting overall gas exports
- Global portfolio rebalancing creating M&A opportunities
- Government has prioritised electrification as part of its Energy Master Plan
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