Gas Week

EWN Publishing

China silent on Burma protests, despite heavy investment in resources; India trying to gain oil/gas foothold

Posted by gasweek on 26 September, 2007

China, which had invested heavily in Bur­ma’s extensive resources such as natural gas, remained largely silent on the growing agitation, reported The Australian Financial Review (27/9/2007, p.14). India seeks oil deal: India, which was trying to gain a commercial foothold in Burma, has come under attack as it was a demo­cracy seeking to ignore sanctions already in place against the country. Its Resources Minister, Murli Deora, who travelled to Burma this week to sign an oil exploration deal and begin lobbying for the next deal, became a target for the protesters. This week’s protests came after the government doubled basic fuel prices with no warning, leading to a break­down in public transport services.

The Australian Financial Review, 27/9/2007, p. 14

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