Information about Shwe government stakeholders; Burma(Myanmar), India, South Korea and China.


The Shwe Gas Project is Burma’s largest source of foreign income. For the State Peace and Development Council (SPDC), the country’s military regime, it is thus a high-profile undertaking, as profits derived from the project would considerably boost the regime, allowing it to further expand a military that ranks as the highest per capita in the world. This would only prolong the brutal oppression of its people. Moreover, the SPDC can expect to strengthen its geopolitical position and increase its bargaining power

Shwe Gas consortium companies:

-Myanma Oil and Gas Enterprise (MOGE)
-Thandar Nga Ghar

South Korea:

For South Korean corporations, Burma represents a profitable investment opportunity. By providing cheap labor and huge reserves of natural resources, it is easy for Korea to overlook things like Burma’s cultural and environmental destruction.

Although South Korea has been praised for its own human rights record [2] the Government refrains from criticising corporations who are investing in highly controversial contexts, such as Shwe.

Shwe Gas consortium companies:

-Daewoo International

-Korean Oil and Gas Corporation (KOGAS)


India is also making efforts to improve its ties with the Burmese regime. This, however, is not only due to India’s burgeoning economy, but also the subsequent need for energy imports, for which Burma’s natural resources provide a substantial reserve. Moreover, India is concerned about the other regional superpower, China, which has already successfully established itself in Burma. Indeed, India has been alert to Chinese influence since the 1990s, when China began setting up a naval base on the Coco Islands, off the Western coast of Burma in the Bay of Bengal. This base includes massive electronic surveillance establishment to monitor India, thus increasing the fear that China may have found in Burma a suitable partner to advance its dominance in the region. [ 3] While India’s nuclear endeavors can be considered a direct response to that, its increasing presence in Burma is another strategy to respond to the Chinese threat. By supporting and investing in Burma’s military regime, India thus meets both its economic demands as a growing economic power and its security concerns, by attempting to establish a power balance in the region.


Shwe Gas consortium companies:


-ONGC Videsh Ltd.

In pursuit of meeting its country’s hunger for energy and development of its economy, China has been the number 1 foreign direct investor for Burma.

-China National Petroleum Corporation

-Hydro China Co.




[1] 1-12-2004_pg4_21