GAIL selects Haldia landfall for Myanmar gas

Vol 5, PW 21 (05 Dec 01) News in Brief
     

GAIL has chosen the port of Haldia on the West Bengal coast as a proposed landfall point for piped gas from Myanmar.

GAIL chairman Proshanto Banerjee tells PETROWATCH that GAIL farmed-in 10% in the Myanmar offshore block A-1 - operated by Daewoo International Corporation - in July and that GAIL signed a Heads of Agreement with Daewoo in September. "Gas is likely to reach India by 2006," reveals Banerjee.

"We want to build a 500-km pipeline off the Bangladesh continental shelf." A senior source atONGC Videsh meanwhile, confirms to this report that it is negotiating a 20% 'farm-in' to the Myanmar A-1 block.