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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Myanmar signs gas deal with China AP - 1 hour 13 minutes ago YANGON, Myanmar - Myanmar's government and four foreign companies have signed an agreement to sell natural gas from offshore fields to neighboring China, state media said Monday. The agreement, signed last Wednesday, was the first for sales of gas from Myanmar's northwestern offshore fields. The New Light of Myanmar newspaper said South Korea's Daewoo International and Korea Gas Corporation and two Indian companies _ ONGC Videsh Ltd. and GAIL Ltd. _ were part of a consortium with the Myanmar government that finalized the deal with the China National United Oil Corporation. The consortium is led by Daewoo, with a stake of 51 percent. The report did not mention the value of the deal, when pipeline construction would begin or when the gas flow will start. Myanmar has exported natural gas from two major offshore fields in the Gulf of Martaban to Thailand since 1998. The oil and gas sector dominates Myanmar's foreign investment. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy GM supplier Delphi suspends work at China factoryAP - 24 minutes ago Myanmar signs gas deal with ChinaAP - 1 hour 13 minutes ago China's SAIC seeking Korea support for SsangyongReuters - 1 hour 21 minutes ago SKorea's biggest investor to cut shareholdingsAFP - Monday, December 29 Related Articles: Business Sterling extends losses, hits record low vs euroReuters - 15 minutes ago India cbank offers 553.65 bln rupees at special repoReuters - 21 minutes ago Hyundai India says to export 120,000 i20 units in 09Reuters - 23 minutes ago GM supplier Delphi suspends work at China factoryAP - 24 minutes ago Russia's Prokhorov may up RUSAL stake -paperReuters - 25 minutes ago Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Actress Jennifer Aniston appears naked in GQ magazine Woolworths to close quarter of stores At least 210 dead as Israel hammers Hamas-run Gaza Chances of gas cut '50-50', Russia warns Ukraine Stars of Hollywood, high-tech open wallets for Obama party View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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