Energy Sector - 2

[Naresh]

<b>Ravish Ji :</b>

In respect of Myanmar I have only been referring to the Off Shore Gas Fields in the vicinity of Sitwe where the Indian Consortium holds a 30% Interest. In this respect there was a News Item stating that this Gas has been sold-apportioned to China. If this Gas is available to India then the Shortest and Safest Route is the Shallow Water Pipe Line.

Mandalay – Sitwe – E C Light Vessel – Kolkatta Route is about 500 KM less than Mandalay – Nowgong – Shiliguri – Kolkata (Avoiding Bangladesh Territory) Route.

Mytilla : Sorry – I cannot locate it on the Map.

IMO : You should not worry about the Indians not looking to the East. If the News Item about Myanmar having allocated the Sitwe Off Shore Gas to China is correct then I think it is inability of the Indians to negotiate sensibly – The Iranian Fiasco is a Farce when one sees the Indians negotiating a contract for LNG or Natural Gas subject to the Approval of the Iranian Parliament.

Take the case of India. The MMTC – an Indian Government Undertaking – has sold Hundreds of Millions, may be over a Billion, Tonnes of Iron Ore and there has never been a Stipulation of the Contract being subject to the Indian Parliament’s Approval.

May be you can educate me (I am not being facetious) about Sale or Purchase Negotiations being subject to an Approval of the Selling or Buying Country’s Parliament.

Regarding the Costs Comparison between Land and Shallow Water Pipe Lines : If the Land Pipe Line is 500 KM longer than a Sea + Land Pipe line in respect of Mandalay – Kolkata then I think the Shorter Land + Marine Pipe Line should cost the same as the Longer Land Only Pipe Line.

Let us watch with interest the Myanmar Government allocating the Sitwe Off Shore Natural Gas to India first before we can discuss its Logistic Details.

I would agree with you that India should also import Oil from Myanmar - of course it being subject to Myanmar willing to sell its Oil to India.

Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->