USD 66.263

-0.52

EUR 73.4989

-0.48

BRENT 60.45

+0.14

AI-92 42.26

+0.01

AI-95 46.04

+0.02

AI-98 51.73

-0.01

Diesel 45.96

+0.01

11

Myanmar Preferred China

Myanmar has decided to sell gas to China rather than India

Myanmar has decided to sell gas to China rather than India, a Press Trust of India news agency report said yesterday.

Myanmar informed an Indian delegation that it plans to sell China gas from two blocks that include the Shwe, Shwephyu and Mya fields.

India has been trying to negotiate a $3bn deal to run a pipeline 290km from Myanmar across Bangladesh to the eastern Indian city of Kolkata but failed to make much headway in the talks. China has already assured the Myanmar government it will lay the 900km of pipeline required to transport the gas to its border, the report said.