Mizzima awarded global JTI certificate for reliable news on Myanmar

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Mizzima Mizzima, one of Myanmar ’s most prominent news outlets and a press freedom advocate, obtained the Journalism Trust Initiative ( JTI ) certification from global audit firm Bureau Veritas , JTI says in a press statement 5 January.  Operating in clandestine mode within Myanmar and supported by an exiled team, Mizzima strives to fulfil its role as reliable source of news and information for the Myanmar public. “Your Journalism Trust Initiative certification affirms what audiences already know: that principled, transparent journalism matters. Congratulations on this achievement and on your continued contribution to informing citizens about Myanmar,” says Benjamin Sabbah , director of Journalism Trust Initiative “Myanmar’s ongoing conflict has created an intensely contested media landscape, where mis- and disinformation are increasingly deployed to reinforce state propaganda and the prevailing “official” narrative. Although Mizzima is already regarded as one of the most trusted ...
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Burma’s gas exports on track for slight increase

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Wednesday, 24 October 2012 12:38 Mizzima News

Burma’s natural gas export income during the previous six months hit almost US$ 1.7 billion and is likely to reach more than $3.5 billion this fiscal year, according to Ministry of Commerce figures.

A natural gas production rig in the Yetagun

“Last year the country received more than $3.46 billion from natural gas exports. It was the highest ever. Every year, the export income in the first half of a year was less than that of the second half. We expect more in the second half of this year,” said an official from Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), in an article posted on the Elevennews website on Tuesday.

World Energy Review 2011 said Burma now ranks No.14 among exporters for natural gas in the world.

Earlier this year, Mizzima reported that official statistics show that foreign investment in Burma’s oil and natural gas sector have now reached $13.81 billion, involving 104 projects as of the end of November 2011, according to an article in the Flower News.

The total oil and natural gas earnings account for 34.18 percent of the country’s earnings, ranking second in the country's foreign investment after electric power.

Natural gas from the Yetagun and Yadana gas blocks mainly account for the gas export earnings. Gas from the Shwe and Zawtika gas blocks will be exported by 2013, according to recent reports.

In the Asia-Pacific region, Burma ranks second behind Indonesia in gas exports, according to the Myanmar Oil and Gas Enterprise (MOGE), the state-own company that controls oil and gas investments.

Burma’s energy exports account for the bulk of the government’s revenue earnings.

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