Narinjara News

 

Akyab, February 16

 

 

Burmaís military government preparing to drill in Arakanís offshore Block-A

 

The drilling of gas is expected to begin in the very near future, said a hotel owner.

 

Two choppers and one small aircraft from a drilling company have recently been seen flying in the area of Akyab, the capital of Arakan State.

 

According to sources, one driller ship is now anchored in the sea near Farongar Island, 30 miles southwest of Akyab, where there is a Block-A gas field.

 

Aung Naing Win, a large local company from Akyab, recently got a contract from the drilling company for the transportation of food and water to the ship, from Akyab.

 

The government, however, has yet to open a gas planning office in Akyab.

 

Fishing boats are now prohibited from catching fish within 5 miles of the drill area, according to several town people yesterday, by phone.

 

The Block-A extends over an area of 3800sq km off Burma's Arakan cost.

 

South Korea 's Daewoo International Co. signed with the SPDC, Burmas military government, in August 2000 for the exploration of gas in Block -A.

 

Daewoo International currently owns 60% of the block, after selling 20% of the stakes to India's ONGC Videsh, another 10% to the gas authority of India limited, as well as 10% to South Korean Kogas.

 

Indias government is now preparing to import gas from Burma, through the construction of a gas pipeline that will go through Bangladeshi territory.  #

 

 

 

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