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May-Aug 2007

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News and data collection between May - August 2007

Gas from Myanmar - Crisis call

by michael — 2008-11-12 10:56

The Ruling Military Junta of Myanmar is seriously abusing human rights. It is crushing any attempt of peaceful people's protests. It has kept the democracy icon Aung San Suu Kyi in confinement. She is the elected people's representative. Army ignored popular mandate. The country has enormous resources, huge forest resources, great hydro electricity potential substantial gas and oil, vast cultivable land. But majority of the population are living below poverty level. Country's huge reserve of basic energy is not coming to any use of poor people.

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Myanmar has big energy dreams

by michael — 2008-11-12 10:56

Herald News Services, Tuesday, August 28, 2007: Endowed with vast energy resources, military ruled Myanmar wants to be a major supplier of oil and gas to its neighbours, a government official said Monday.

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Myanmar sees gas from PTTEP's M9 block by 2010

by michael — 2008-11-12 10:56

SINGAPORE, Aug 27 (Reuters) - Thai PTT Exploration and Production (TPPEP) could start producing gas from Myanmar's highly prospective M9 block as early as 2010, a senior Myanmar official said on Monday.

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Fuel price policy explodes in Myanmar

by michael — 2008-11-12 10:56

BANGKOK - Public protests have broken out across Myanmar's old capital Yangon after the military government unexpectedly removed fuel-price subsidies, resulting in a 500% spike in rationed fuel prices.

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Natural Gas Pipeline to Rangoon Stalled in Talks

by michael — 2008-11-12 10:56

August 24, 2007: The Thailand and Burmese governments are working to complete a pipeline project to take natural gas from the Gulf of Martaban to Rangoon, but the route is still not agreed upon.

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Myanmar exploring possibility on gas pipline to India

by michael — 2008-11-12 11:04

Singapore, Aug 23 : Myanmar is still in talks with its neighbouring countries, including India, to export natural gas via pipelines, the country's Director General of Energy Planning Department Soe Myint reaffirmed here today.

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The Country Largest Discovery in Myanmar Natural Gasfields

by michael — 2008-11-12 10:57

Three offshore natural gasfields in Myanmar hold the largest reserves to be discovered in that country, South Korea's firm Daewoo International said today, August 23.

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India loses to China on Myanmar gas

by michael — 2008-11-12 10:57

August 23, 2007 19:02 IST : India has lost out to China on import of natural gas from Myanmar offshore fields where Indian state-run firms have 30 per cent stake.

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Daewoo International Certifies Gas Reserves At Myanmar Blocks

by michael — 2008-11-12 10:57

SEOUL -(Dow Jones)- South Korea's Daewoo International Corp. (047050.SE) said Wednesday it has completed the appraisal of natural gas reserves at its Myanmar blocks.

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Daewoo reserves in Myanmar at 5.4 tcf

by michael — 2008-11-12 10:57

SEOUL, Aug. 22 (UPI) -- Daewoo International Corp. has said its gas reserves in Myanmar stand at 5.4 trillion cubic feet to 9.1 tcf.

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Behind Burma's Fuel Price Rise [Commentary]

by michael — 2008-11-12 10:57

Irrawaddy, August 22, 2007 : The fuel price increase in Burma last week has been greeted by shock, amazement, and despair. The question many are asking is, how can this be?

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China studies Myanmar island for oil terminal

by michael — 2008-11-12 10:57

Sun, 19 Aug 2007 12:59:01 GMT : Yangon - China is conducting a survey on the feasibility of using Myanmar's Yanbyai island as an oil terminal to supply a planned 1,440-kilometre pipeline from the Bay of Bengal to Yunnan province in southern China, news reports said Sunday.

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Hundreds protest in Myanmar over fuel price hike

by michael — 2008-11-12 10:57

Sunday, August 19, 2007 07:43 PM : YANGON (AFP) - Pro-democracy activists led hundreds of people in a rare march through Myanmar's main city of Yangon on Sunday, in protest against an enormous hike in fuel prices last week.

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Burmese in India protest China's gas pact with Burma

by michael — 2008-11-12 10:57

Khonumthung News, August 18, 2007 : Burmese activists urged China to put a halt to its proposal of extracting natural gas from Burma during a rally today in New Delhi , India.

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Exit Iran's oil minister, and a pipeline too

by michael — 2008-11-12 10:57

17 Aug: NEW DELHI - India's quest to expand the use of natural gas as a major energy source has experienced several recent setbacks.

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Asian Development Outlook 2007 Southeast Asia: MYANMAR

by michael — 2008-11-12 10:57

High prices for natural gas exports and a good harvest led to a modest pickup in economic activity. But macroeconomic stability remains elusive with monetized fiscal deficits feeding high inflation. The cushion provided by the gas exports makes now an opportune time to embark on structural reforms, including exchange rate unification, fiscal consolidation, and agricultural liberalization, and to redirect public spending to development of social and physical infrastructure.

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India to continue to buy gas from Myanmar

by michael — 2008-11-12 10:57

Aug. 16, 2007 at 11:37 AM : NEW DELHI, Aug. 16 (UPI) -- India says it will continue to import natural gas from Myanmar as it strives for "energy security" while demand continues to grow.

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Myanmar confirms agreement to sell gas to China

by michael — 2008-11-12 10:57

YANGON, August 16 (Reuters) - Myanmar has had agreed to sell gas from its A-1 and A-3 blocks to China, a major ally but not a stakeholder in the blocks, a senior Energy Ministry official said on Thursday.

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Myanmar raises fuel prices by a huge 500%

by michael — 2008-11-12 10:58

Reuters, 08/16/2007 07:36 PM : Yangon: Myanmar's secretive military government raised fuel prices by up to 500 per cent without warning yesterday. Worst hit was compressed natural gas (CNG), a relatively safe fuel environmentally which Myanmar has in abundance and exports in large quantities, rising from 54 kyat per kg to 273 kyat per kg, the manager of a government-owned service station said.

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Burma's Skyrocketing Gas Prices Caused by 'Incompetence,' Say Analysts

by michael — 2008-11-12 10:58

August 16, 2007 : Speculation about the reason for the sudden big increases in retail petrol, diesel and natural gas prices in Burma is ranging from high global oil prices to a foreign cash shortage. But some analysts think it could be a combination of economic mismanagement and panic in view of stock market plunges around the region. An analyst with an oil and gas company in Bangkok, speaking on condition of anonymity because of the sensitivity of the issue, said now was an odd time to raise prices when global oil rates have been falling for the past week because of market nervousness over credit problems in the US.

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