“Myanmar has $2.5 Bn income from oil and gas industry which is the data provide from the government” said Mr. Wan Aung, the CSO representative from Myanmar EITI committee. However, the figures will be much higher, as it excludes some of the oil and gas exploration site. The EITI report will release in January 2016. But, Myanmar will not report some other sectors, like gems. Myanmar government said the annual revenue from Jade is $650 mn, but the recent Global Witness report said, it could be $31 bn, and it equals 48% of the country’s GDP.
Tag: oil-gas
Isan activists accuse Thai junta of siding with gas corporation
An environmental conservation group in Isan, Thailand’s Northeast, says that the Thai junta are siding with an oil and gas corporation to plunder resources and urges the US government to take action against the multinational petroleum company.
Na Mun-Dun Sat Conservation Group, an Isan environmental group, on Tuesday morning, 12 October 2015, rallied in front of the US Embassy in Bangkok and submitted a letter to embassy staff, urging the US government to hold Apico (Khorat) Limited, a US-based oil and gas exploration company, accountable.
Isan villagers ask court to halt petroleum drilling
An environment conservation group in Isan, Northern Thailand, has requested the court to halt petroleum drilling.
About 30 village activists opposing drilling in a potential petroleum field called Dongmoon located in Kranuan District of the northeastern province of Khon Kaen at the border with Kalasin Province on Tuesday, 6 October 2015, requested Khon Kaen Provincial Administrative Court to hold an emergency hearing to halt the drilling operation.
Offshore area to be busiest in Southeast Asia: MOGE
The winners of the 2013 offshore round are preparing for large energy exploration programs this year, as the process of signing production sharing contracts is now finished. While falling energy prices may slow the overall pace of exploration in Myanmar, there is expected to be a burst of exploration on the 20 newly-awarded offshore blocks.
Laos targets green energy in new Asian economic bloc
Laos is one of the ten South-East Asian nations preparing to form a single market at the end of 2015. The Association of Southeast Asian Nations Economic Community (AEC) is intended to boost regional growth by creating a common market that will enable the free flow of goods, services and skilled labour — including scientists — between member states.
Baht building Mekong Region’s Largest Gas Power Plant
A subsidiary of Thailand’s partially state-owned petrochemical giant PTT, has teamed up with Japan’s Marubeni Corp and Myanmar’s EDEN Group to develop a 400 MW natural gas-fired power plant in Myanmar’s port city of Thanlyin.
Thailand’s PTT Building Major Refinery in Vietnam
The beautiful coastal city of Quy Nhon along Vietnam’s central coast will soon house the Greater Mekong Subregion’s largest oil refinery. Advanced by the Thailand’s PTT Plc in partnership with Saudi Arabia’s ARAMCO, the 400,000 barrel-per-day facility will be fed by Saudi Arabian crude.
Dawei LNG for Shell
The firm has signed a Joint Development Agreement with Thai companies Italian-Thai Development and LNG Plus International in Bangkok on August 19 to cooperate on developing the terminal. It will consist primarily of an LNG receiving and re-gasification terminal at Dawei special economic zone.
Mountains of coal sludge still threat to lives in Quang Ninh
VNS Residents clean up in Mong Duong Ward, Cam Pha City, in northern Quang Ninh Province. Heavy rains, floods and tonnes of mine sludge claimed 17 lives and caused millions of dollars worth of damage in the coal mining province. — VNS Photos Truong Vi Not until recent rain and floods claimed 17 lives and […]
Police prevent villagers from showing documentary on controversial oil concessions
The police have prevented a local conservation group from showing a documentary film on controversial petroleum concessions in the region, saying it might breach the Copyright Act.