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..
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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.
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 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.
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
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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.
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