Friday, May 04, 2012

Myanmar Raises Doubts on Italian-Thai’s Deep-Sea Port Plans

3 May 2012
Myanmar President Thein Sein’s top political adviser questioned Italian-Thai 
Development Pcl (ITD)’s ability to oversee a planned $8.6 billion industrial 
zone in the country, raising doubts about the Dawei project’s viability.

Myanmar may launch oil, gas tender in August

4 May 2012
MYANMAR may launch a global tender for onshore oil and gas blocks in August, 
a senior government official said yesterday, inviting foreign firms to invest millions 
of dollars for access to untapped resources in the fast-changing 
Southeast Asian nation.