Natural Resources


Compiled by Admin,

All foreign Companies in Burma have hands of developed countries’ investments thereupon the changes are being part of their involvement.. However these investment countries take no responsibility even for energy distribution across the country.. Displacement, abuses and killings related to these projects are undiscovered yet..





Latest Oil and Gas Project in Arakan



Previous Projects in lower Burma (in the Andaman Sea)

There are 3 projects since 2007 and export into Thailand.. Each project (Yadana gas project) produced 21.5 million cubic meters daily that generates 4.83 billion dollars according to US based rights group EarthRights International..

 

China National Petroleum Company (CNPC) & Shwe




In January of 2007, CNPC signed production sharing contracts with Burma’s military junta for three oil blocks in offshore Arakan State: Blocks AD-1, AD-6, and AD-8.

Subsidiaries of both CNOOC and CNPC are involved in additional blocks.


In November 2008, state media announced that CNPC holds a 50.9% stake in dual oil and gaspipelines planned from western Burma’s Arakan State to China’s Yunnan Province.  Its partners in the pipeline projects are Burma’s state-owned Myanma Oil and GasEnterprise (MOGE) and Daewoo International of Korea, which hold the remaining shares. Construction on the pipelines is set to begin in September 2009.



The state-owned China National Petroleum Corporation, which built the pipeline, announced on Monday that the 793-kilometer pipeline would become fully operational by May 30, less than three years after construction began.

The new gas pipeline will reportedly be able to carry 12 billion cubic meters of gas and 22 million tons of imported crude oil to China every year.







In October 2004, a consortium of companies led by CNOOC Ltd. of Hong Kong signed an agreement for oil exploration in Block M, Arakan State.



                      Broken Ethics (EarthRights International report of year 2010)

The Norwegian Government’s Investments in Oil and Gas Companies Operating in Burma (Myanmar)


"This report finds the Norwegian government complicit in human rights abuses in Burma through investments held by the Norwegian Pension Fund-Global (Fund), including USD $4.7 billion invested in 15 oil and gas companies from eight countries operating in Burma. The report documents human rights conditions associated with these 15 company's projects, finding on-going abuses including forced labor, killings, and land confiscation, and the high likelihood that other projects will result in additional abuses in the coming years. These continuedinvestments put Norway in violation of its own Ethical Guidelines for responsible investment."
 

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                                    Onging Oil Bids (2 Dec 2013 source from Times of India)


Besides RIL and OVL, state-owned explorer Oil India Ltd and gas utility GAIL India have bid for three exploration blocks each in separate joint venture with local companies, according to the Myanmar ministry of energy.

Cairn India, which was among the 61 firms pre-qualified to bid for 11 shallow water and 19 deep water blocks on offer in an international tender, however, did not bid.

GAIL bid for three blocks with Kris Energy while OIL teamed up with Mercator Petroleum and Oil Max Energy Pte Ltd to bid for three blocks.

According to the Ministry, global energy giant Shell bid for three blocks in partnership with Japan’s Mitsui Oil Exploration Company while Chevron, ExxonMobil, Total of France and Malaysia’s Petronas bid for two blocks each.

Norway’s Statoil in partnership with ConocoPhillips has bid for two blocks while BG Group and Woodside Energy have together submitted bids for four blocks via two partnerships.

Spain’s Repsol bid for three blocks while Eni of Italy and Thailand’s state-owned PTTExploration and Production put in quotes for one block each.


The 11 shallow water blocks offered in the round comprise three blocks in the Rakhine Offshore Area, three in the Moattama Offshore Area and five in the Tanintharyi Offshore Area.

None of the other Asian national oil companies – China National Petroleum Corp, Korea National Oil Corp, Korea Gas Corp and Japan’s JX Nippon Oil & Gas Exploration Corp who had been been shortlisted, bid for any of the block.

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