China signs exploration deals with Myanmar
BEIJING, Jan. 15 (UPI) — China National Petroleum Corp. signed a deal with Myanmar’s Energy Ministry to conduct oil and gas exploration at three deep-sea blocks off the Rakhine coast.
Exploration will be conducted at blocks AD-1, AD-6 and AD-8, covering an area of 3,861 square miles, under the production sharing agreement between CNPC and the former Burma’s Myanmar Oil and Gas Enterprise.
Between October 2004 and January 2005, a consortium of the Chinese firms China National Offshore Oil Co. Myanmar Ltd. and China Huanqiu Contracting and Engineering Corp., and the Singaporean firm Golden Aaron Pte. Ltd. reached deals with Myanmar on exploration at onshore Block-M ( Kyaukphyu) and A-4 in western Rakhine state, Block M-10 and M-2 in the Mottama offshore area, onshore Block C-1 (Indaw-Yenan area) and Block C-2 (Shwebo-Monywa area) in northwestern Sagaing division, the Xinhua news agency reported.
State-run Myanma Oil and Gas Enterprise represented Myanmar.

