Thai state energy giant buys 30 years of gas from junta

Published on Jul 31 2010 // News Update
July 31, 2010: Chiang Mai, Thailand’s sole purveyor of natural gas, PTT, in Naypyidaw today signed a 30-year gas sales deal with affiliate PTT Exploration and Production and the junta-run Myanma (sic) Oil and Gas Enterprise, the Thai energy minister told a press conference in Bangkok. Activists however...

PTTEP to sign gas deal with Burma

Published on Jul 29 2010 // News Update
July 29, 2010: PTT Exploration and Production Plc (PTTEP) will on Friday sign an agreement to purchase natural gas from M9 or Zawtika Field with Myanmar Oil and Gas Enterprise (MOGE), the national oil firm of Burma, Energy Minister Wannarat Channukul said on Thursday. Mr Wannarat said he will visit Burma...

Thailand hungry for more Burmese gas

Published on Jul 29 2010 // News Update
July 29, 2010: Thailand’s state-owned energy company PTT PCL will on Friday sign a deal to purchase gas from Burma’s offshore Zawtika gas field, with supplies due to go online in 2013. The deal will be signed between executives of PTT PCL, PTTEP International (the international exploration wing of...

Thailand to sign Myanmar natural gas purchase deal

Published on Jul 29 2010 // News Update
July 29, 2010: Bangkok, Thailand will sign on Friday an agreement to buy natural gas from the Zawtika field at the offshore Block M9 in the Gulf of Martaban in Myanmar from late 2013, Energy Minister Wannarat Charnnukul said. State-controlled PTT PCL (PTT.BK: Quote), as a buyer, will sign the gas deal...

South Korea Bids for More Burma Gas Development

Published on Jul 19 2010 // News Update
June 19, 2010: The South Korean government is promoting greater involvement in exploration and production of gas in Burma by Korean companies. Weekly Business Roundup (June 19, 2010) Agreement has been reached in principle for Korean lead development of two more blocks, one offshore and one onshore,...

Maritime dispute between Bangladesh and Myanmar

Published on Jul 18 2010 // News Update
Maritime dispute between Bangladesh and Myanmar
July 18, 2010: While the eyes of Myanmar watchers have been focused on the country’s upcoming elections and nuclear ambitions, the junta has been quietly working to settle its maritime boundary dispute with Bangladesh. Maritime boundary between Burma and Bangladesh The significance of a boundary...

Bangladesh: 45 Sea Blocks in Offshore Dispute with Burma

Published on Jul 10 2010 // News Update
July 10, 2010: Despite an acute energy crisis, the Bangladesh government has said it will not authorize any offshore gas exploration in disputed waters of the Bay of Bengal until final arbitration by the United Nations. Weekly Business Roundup (July 10, 2010) Bangladesh is in dispute with Burma over...

Insecurity plagues China-Burma investment

Published on Jul 09 2010 // News Update
July 9, 2010: The billions of dollars that foreign countries, notably China, are pouring into Burma may not be secure, a leading conflict think tank has warned. Burma’s many ethnic regions that have for decades been torn by civil war were signalled as areas of particular investment concern by the Centre...

CNPC to level ground for Yunnan refinery in October-media

Published on Jul 09 2010 // News Update
July 9, 2010: Beijing, State-owned oil company China National Petroleum Corp (CNPC), parent of PetroChina (0857.HK: Quote) (601857.SS: Quote)(PTR.N: Quote), plans to begin leveling ground in October for its first refinery in southwestern Yunnan province, local media reported on Friday. The proposed 200,000-barrel-per-day...

Burma on New China ‘Watch List’ for Resources

Published on Jul 08 2010 // News Update
July 8, 2010: BANGKOK—China has put Burma on a special “watch list” for potential acquisition of urgently needed natural resources, including coal, gold and copper as well as oil and gas. All China’s land border neighbors are the subject of a resources study with a view to future acquisition,...