Myanmar has found the price quoted by India for the natural gas to be bought from that country too low. Interestingly, China and Thailand, other two contenders for natural gas from the A-1 and A-3 blocks is also not attractive and below Myanmar's expectation.
Myanmar has indicated that it was not interested in selling gas at that rate. Instead Myanmar is exploring other options to sell the gas. As a result, India has to once again sit on the negotiation table with Myanmar which will further delay the implementation of pipeline to transport gas from Myanmar.
Gail was planning to lay 1850 km pipeline from Myanmar to India at an estimated cost of Rs 8947 crore.