Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Drilling for details (Myanmar)
Bangkok Post ^ | 06/24/2013 | Justin Heifetz

Posted on 06/24/2013 1:33:26 AM PDT by TexGrill

With state-linked MOGE calling almost all the shots in new fields, foreign oil and gas investors in Myanmar are asking a lot of questions.

While as many as 50 oil and gas companies submitted expressions of interest on June 14 for 30 offshore blocks, industry insiders warn that poor infrastructure and the government’s new production sharing.

Eleven of the offshore blocks are shallow-water, and 19 are deepwater blocks. Government-owned Myanmar Oil & Gas Enterprise (MOGE) has agreed to allow 100% foreign ownership in deep-water blocks, an exception...

(Excerpt) Read more at bangkokpost.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; News/Current Events
KEYWORDS: energy; myanmareconomy; naturalgas; oil
Global business tip
1 posted on 06/24/2013 1:33:26 AM PDT by TexGrill
[ Post Reply | Private Reply | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson