Myanmar: Oil
“Just last Sunday—when marches led by Buddhist monks drew thousands in Burma’s biggest cities—Indian Oil Minister Murli Deora was in the country’s capital for the signing of oil and gas exploration contracts between state-controlled ONGC Videsh Ltd and Burma’s military rulers.
The signing ceremony was an example of how important Burma’s oil and gas resources have become in an energy-hungry world. Even as Burma’s military junta intensifies its crackdown on pro-democracy protests, oil companies are jostling for access to the country’s largely untapped natural gas and oil fields that activists say are funding a repressive regime.”
BurmaNet News: Oil
[thx Jack Kaplan] [This appeared, in all places, the Marin Independent Journal]
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