Saturday, December 09, 2006

shaking hands with totalitarianism

India-Singaporean consortium signs oil, gas deal with Myanmar
The Associated Press
Published: December 8, 2006


YANGON, Myanmar: An Indian and Singaporean consortium has signed a deal with the military junta in Myanmar to jointly drill for oil and gas off the country's west coast, state-run media reported Friday.

The contract signed Wednesday between the consortium of Gail India Ltd. and Silver Wave Energy of Singapore and the state-owned Myanma Oil and Gas Enterprise calls for the companies to jointly explore, drill and produce oil and gas in offshore Block A-7 off Myanmar's western Rakhine coast, the Kyemon daily reported.

Financial details of the contract were unavailable.

More details about Singapore's happy connections with the Burmese elite available here

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