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.