01-18-2007, 12:27 AM
China bags oil contract after backing junta
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->BEIJING: Within days of China blocking a move in the United Nations to pressure Myanmar on the issue of human rights, a major Chinese company has landed a contract to explore oil and gas resources in the country.
China is now in competition with India to obtain another contract on a proven gas field in Myanmar. <!--QuoteEnd--><!--QuoteEEnd-->
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->BEIJING: Within days of China blocking a move in the United Nations to pressure Myanmar on the issue of human rights, a major Chinese company has landed a contract to explore oil and gas resources in the country.
China is now in competition with India to obtain another contract on a proven gas field in Myanmar. <!--QuoteEnd--><!--QuoteEEnd-->