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Sept-Dec 2008
Up one levelNews and data collection between September - December 2008
China To Build Strategic Oil Reserves (SNP)
December 30, 2008: In late 2005, China began to fill its strategic petroleum reserve of 102 million barrels.
China to boost oil, gas imports amid price slump
December 29, 2008: Beijing, China will take advantage of falling oil prices to boost imports and build up its fledgling oil buffer against supply shocks, an official said in a rare disclosure of energy strategies in the wake of the global economic turmoil.
China, Myanmar, S. Korea sign new gas sales and purchase deal
December 29, 2008: China National United Oil Corporation (CNUOC) signed gas sales and purchase agreement with Myanmar Oil and Gas Enterprise, and a consortium led by the Daewoo International Group Corp to deal with the Shwe project, sources reported.
Daewoo International finalizes gas sale deal
December 27, 2008: SEOUL, Daewoo International Corp., a South Korean trading company, said Friday that a consortium led by the company has clinched a deal with a Chinese state-run firm to sell natural gas produced at Daewoo's offshore gas fields in Myanmar.
Daewoo Signs Agreement to Sell Myanmar Gas to China
December 26, 2008: A group led by Daewoo International Corp. signed an agreement to sell natural gas from offshore fields in Myanmar to China's biggest oil company.
China Signs Burmese Gas Deal for 30-year Supply
December 26, 2008: The China National Petroleum Corporation (CNPC) has concluded a 30-year deal to buy natural gas from Burma, the Chinese Corp announced on Friday.
Search for gas option amid security worry
December 25, 2008: New Delhi, India is looking at other gas sources as security concerns loom large over the proposed $7.4-billion Iran-Pakistan-India pipeline.
China to Import Gas from Myanmar
December 25, 2008: Natural gas produced from the Shwe Field off Myanmar's Rakhine coast will be exported to China's southwestern region
Daewoo seals Myanmar-China gas export deal
December 25, 2008: BEIJING, A Myanmar gas consortium led by South Korea's Daewoo International (047050.KS) has signed an agreement to sell natural gas to China, China's Xinhua news agency said on Thursday.
2 Firms Accused of Violating Int'l Code of Conduct
December 24, 2008: An international advocacy group Wednesday accused the Korean government, Daewoo International and Korea Gas Corporation (KOGAS) of failing to fulfill commitments they made regarding an international code of business conduct.
CNPC to invest in 5 new oil, gas projects
December 24, 2008: China National Petroleum Corporation (CNPC), parent of China's largest oil and gas producer PetroChina<601857><857><PTR> had approved five new projects, which include oil and gas pipelines, oil refinery and chemical production, sources reported.
Companies from China, Myanmar, S. Korea sign gas pact in Myanmar
December 24, 2008: YANGON, The China National United Oil Corporation (CNUOC), Myanmar and a consortium,
Korea rejects complaint against Daewoo and KOGAS
December 24, 2008: New Delhi, The South Korean government has rejected a complaint filed by a rights group against two Korean energy companies' gas projects in Burma that accused them of breaching standards set by the Organization for Economic Cooperation and Development (OECD) of which South Korea is a member state.
Shwe Gas Movement criticizes Korea's rejection of OECD complaint
December 23, 2008: The Shwe Gas Movement (SGM) strongly opposes a November decision by the Korean government to reject an international human rights complaint lodged against Korean-owned pipeline project in Burma, says a statement released by the group on Tuesday.
Drilling in Disputed Offshore Waters Disappointing
December 19, 2008: Burma’s energy ministry has admitted that controversial drilling in waters contested by Bangladesh has so far failed to find commercial volumes of oil and gas.
Egat upbeat on Hatgyi prospects
December 16, 2008: The Electricity Authority of Thailand targets early next year to set up the joint venture to develop the Hatgyi dam construction project on the Salween River of Burma.
Myanmar says disputed AD-7 test well disappointing
December 15, 2008: YANGON, An initial test drill at an offshore oil and gas field disputed by Bangladesh and military-ruled Myanmar has failed to confirm commercially viable deposits, Myanmar officials said on Monday.
‘Dirty List’ of Firms Dealing with Burma Grows
December 12, 2008: The number of foreign firms investing in Burma increased in 2008 despite economic sanctions by Western countries.
Daewoo Int'l to clinch final deal with CNPC on natural gas sale
December 8, 2008: South Korean trading firm, Daewoo International Corp, announced that it plans to nail down a final natural gas supply deal with China National Petroleum Corp (CNPC), sources reported.
Behind Myanmar's Bluster, Gas Deals for Daewoo, China and India, UN's Ban No Comments
December 5, 2008: UNITED NATIONS, As Myanmar has stepped up the pace of its imprisonment of political opponents, bloggers and journalists, the UN's Ban Ki-moon met Friday with his "Group of Friends on Myanmar." (Analysis)
