Myanmar awards contracts for 16 onshore blocks -ministry

Reuters

(Corrects headline to show blocks are onshore, not offshore)

YANGON, Oct 11 (Reuters) - Italy's Eni, India'sONGC Videsh and Malaysia's Petronas wereamong the winners of contracts for 16 onshore energy blocks inMyanmar, an energy ministry official said on Friday.

Thirteen of the 16 contracts were production sharing dealsand the rest were petroleum recovery contracts, said theofficial, who sought anonymity because he was not authorised tospeak to the media.

Eni, Petronas, ONGC, Pakistan's Petroleum Exploration (PVT)and Canada's Pacific Hunt Energy Corp each won contracts tooperate two blocks, according to a list of the winners seen byReuters.

For the first time in Myanmar, the winners would be requiredto perform Environment Impact Assessments before final approvalfrom the country's investment commission, the official added. (Reporting by Aung Hla Tun; Writing by Martin Petty; Editing byClarence Fernandez)

Rates

View Comments (0)