Dhaka - Military-ruled Myanmar on Wednesday informed Bangladesh that it did not have enough reserve of natural gas to offer Bangladesh to run fertilizer plants at present.

In response to Dhaka's proposal for gas import from Yangon, visiting Myanmar Energy Minister, Lun Thi, told his counterpart M Tamim that Bangladesh will have to compete with other regional players like Thailand and China if it wants gas import in future.

Lun, one of the members of the 55-strong entourage of the Myanmar junta leader General Maung Aye who is now in a three-day visit to Bangladesh, also told the Bangladesh officials that Myanmar's existing gas reserve has been sold out to its other neighbours - Thailand and China.

Bangladesh's chief adviser to the military-backed interim administration, Fakhruddin Ahmed, during his meeting with Maung Aye on Tuesday had proposed setting up of a fertilizer plant in Bangladesh importing gas from Myanmar through a pipeline.

Lun Thi said that Thailand and China were purchasing gas at present at a rate of nine dollars per million British thermal unit and these price could go up in future in accordance with the price of furnace oil and equipment prices in international market and consumer price index. (dpa)