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May-Aug 2005

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News and data collection between May - August 2005

Indian Petroleum Minister to visit Bangladesh for Tri-Nation Gas Pipeline

by admin — 2008-11-11 12:27

From Narinjara News : 8/26/2005 : Mani Shankar Aiyar, Indian minister for petroleum, is set to arrive in Dhaka on September 5th for a two-day visit to discuss the proposed $1 billion tri-nation gas pipeline project which will connect Burma and India through Bangladesh.

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Daewoo ties up with Indian firm for oil project

by admin — 2008-11-11 12:28

From The Korea Herald : August 25, 2005 : Daewoo International Corp. announced yesterday that India-based Oil and Natural Gas Corp., Gail Ltd. and Korea Gas Corp. agreed to invest in its gas-drilling project in Myanmar.

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Indian oil minister due next month-Talks with Dhaka to focus on tri-nation gas pipeline

by admin — 2008-11-11 12:28

Shahnaj Begum, From Bangladesh-web : August 24, 2005 : The government will extend an invitation to Indian Petroleum Minister Moni Shankar Aiyar to visit Bangladesh between September 4 and 6 to finalise the three-nation gas pipeline project.(The Independent)

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PM talks Bangla pipeline, clears Aiyar's visit

by admin — 2008-11-11 12:28

Sanjay Dutta, From The Times of India : August 23, 2005 : Prime Minister Manmohan Singh on Monday discussed with oil and external affairs ministers Mani Shankar Aiyar and Natwar Singh, respectively, India's course for breaking the logjam over the proposed $1 billion gas pipeline from Myanmar via Bangladesh.

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PTT eyes 15% stake in field near Burma

by admin — 2008-11-11 12:29

Yuthana Praiwan, From Bangkok Post, Thailand : August 22, 2005 : PTT Plc [Petroleum Authority of Thailand] is seeking a 15% stake in a Burmese offshore petroleum field where exploration is near completion, says Chitrapongse Kwangsukstith, the company's senior executive vice-president for gas business.

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Daewoo Completes Myanmar Test Drillings

by admin — 2008-11-11 12:29

Na Jeong-ju, From The Korea Times : August 22, 2005 : Daewoo International said on Sunday that it has completed test drillings on the gas reserve it found earlier in the sea off Myanmar and confirmed the existence of a huge mine that may contain more than 10 trillion cubic feet of gases.

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Myanmar offers well-head gas at $2.52/mmbtu

by admin — 2008-11-11 12:31

Anupama Airy, From The Financial Express, India : August 18, 2005 : The Myanmar government has indicated a well-head price of $2.52 per million metric british thermal unit (mmbtu) for gas exports to India. Depending on how it is transported - through a pipeline or the LNG/CNG route - there will be additional processing and transportation costs which will be built into the well-head gas price.

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Indian petroleum minister to be invited to visit Bangladesh this month

by admin — 2008-11-11 12:31

Shahnaj Begum, From The Independent, Bangladesh : August 17, 2005 : The government will extend an invitation to Indian Petroleum Minister Moni Shankar Aiyar to visit Bangladesh this month.

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India proposes to resume talks on tri-nation gas pipeline

by admin — 2008-11-11 12:31

From The Financial Express/Bangladesh-web : August 17, 2005 : The prospect of the tri-nation gas pipeline appears bright following an official Indian proposal to Bangladesh for resuming talks on the billion-dollar project.

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India, China aim to team up for oil assets

by admin — 2008-11-11 12:32

Himangshu Watts, From Reuters : August 16, 2005 : Indian and Chinese oil firms will sign agreements aimed at bidding jointly for foreign oil and gas projects and reducing cut-throat competition, a top Indian official told Reuters on Tuesday.

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China, India zero in on Kazakh, Myanmar fuel assets

by admin — 2008-11-11 12:32

Charlie Zhu, From Reuters, India : August 15, 2005 : The upcoming sale of two major oil assets in Asia is set to generate intense competition between Chinese and Indian state oil firms, giving lie to the notion that the two may collaborate as they scramble for overseas reserves.

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Bangla bonhomie

by admin — 2008-11-11 12:32

Farid Hossain, From The Telegraph, India : August 7, 2005 : India and Bangladesh will step up efforts to maintain peace along the border and stop illegal migration, foreign minister K. Natwar Singh said today.

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Arakanese Villagers Are Being Forced to Aid in the Construction of the Gas Pipeline Between Burma and India

by admin — 2008-11-11 12:33

From Narinjara News, Bangladesh : August 1, 2005 : Arakanese villagers, 500 in total, from the northern parts of Arakan state, have been forced to work on clearing a path for the construction of a gas pipeline between Burma and India.

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Myanmar pipeline back on track after Bangla nod

by admin — 2008-11-11 12:33

Anupana Airy, From The Financial Express, India : August 1, 2005 : The over $2.5-billion Myanmar-India gas pipeline project via Bangladesh seems to be back on track with the Bangladesh government open to holding fresh negotiations on the three conditions set by it for signing the tri-nation agreement for implementing the project.

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Let Myanmar pipeline be standalone project: India tells Bangladesh

by admin — 2008-11-11 12:33

Anupama Airy, From The Financial Express, India : August 1, 2005 : India is not averse to any of the issues raised by Bangladeshi authorities according to Indian high commission officials in Dhaka. However, the only bone of contention is that while Dhaka feels that discussions on the these issues should form part of the trilateral dialogue, New Delhi is firm on its stand that negotiations on these issue should be de-linked from the pipeline project and be carried out on a bilateral basis.

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India asks S Korea to be an investor in oil sector

by admin — 2008-11-11 12:34

From Press Trust of India/The Business Standard : August 1, 2005 : India today invited South Korean oil companies to invest in the country's upstream and refining sector and also work jointly to explore opportunities in other countries as well.

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Myanmar to grant more blocks for offshore gas exploration

by admin — 2008-11-11 12:34

From Xinhua : July 30, 2005 : Myanmar will grant 13 new blocks in the country's offshore areas for foreign investment in oil and gas exploration and production, a local weekly reported Saturday.

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Indian Expert: Economics does not push Iran-Pakistan-India pipeline project

by admin — 2008-11-11 12:34

From IRNA : July 27, 2005 : Talking to IRNA today, Lydia Powell, Senior Fellow at New Delhi-based Observer Research Foundation said, economic facts on the ground was not supportive of the Iran-Pakistan-India gas pipeline project. "There is a contradiction between India's foreign policy and energy policy. In such circumstances there is not a single bank that will come forward for fund it," Powell said.

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Dhaka open to talks on tri-nation gas pipeline: Energy Adviser

by admin — 2008-11-11 12:35

From The Independent/Narinjara News, Bangladesh : July 27, 2005 : Adviser to the Energy and Mineral Resources Division Mahmudur Rahman yesterday said the government is open to negotiate we installation of the tri-nation gas pipeline through Bangladesh from Myanmar to India if the Indian government so desires.

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New options emerge over India-Myanmar Natural Gas deal

by admin — 2008-11-11 12:35

From Myanmar Times : 20/7/2005 : India and Myanmar have agreed to consider alternative options for selling natural gas from an offshore field in Rakhine State to India, following a delay affecting a proposed trilateral pipeline which would pass through Bangladesh.

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