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
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..
The Shwe Natural Gas Project is located in offshore Arakan State, in the Bay of Bengal. The Shwefield is comprised of offshore gas Blocks A-1 and A-3. Two Korean companies, Daewoo International and the Korea Gas Corporation, and two Indian companies, ONGC Videsh and GasAuthority of India Limited, form the project consortium along with MOGE.
China-Burma Oil and Gas project in Kyaukpyu (the beginning of the pipeline construction in Oct 2009 and scheduled to be completed in April 2013)
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.
Gas Project. In December 2008, the China National United Oil Corporation (CNUOC), a subsidiary of CNPC, signed an agreement with Burma’s military junta to purchase natural gas from the project. Production is scheduled for 2013.
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 two major companies involved in this project are the CITIC Group, a state-owned investment company of China, and the Htoo Group of Companies, which is a Burmese holding company. Tay Za, a highly controversial business tycoon with deep connections to Burma’s top military dictators, is the CEO of the Htoo Group of Companies.
CNOOC and CNPC are also involved in several smaller onshore and offshore oil and gas blocks in various parts of Burma. Both companies have stakes in the offshore M-2 and M-10 blocks in eastern Burma.
CNOOC is both the majority stakeholder and operator of offshore gas block AD-4 in Arakan State and onshore oil blocks C-1 and C-2 in SAGAING DIVISION.
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.
That same month, the Sichuan Petroleum Geophysical Company set up a base camp and began conducting seismic surveys. After completing the surveys in 2005, two exploratory drilling sites were established; one was temporarily closed in late 2005 and one in early 2007. After a nearly two year hiatus, drilling restarted in February2009.
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."
ERI full report can be read at- http://dg5vd3ocj3r4t.cloudfront.net/sites/default/files/documents/Broken-Ethics.pdf
NEW DELHI: Reliance Industries has bid for three oil and gas blocks and ONGC Videsh Ltd for two in Myanmar’s maiden offshore licensing round.
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.
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.