Tuesday, July 27, 2010

Than Shwe in India.

The Junta chief chief Than Shwe is visitng India and he is going to meet PM Singh. He got red carpet treatment from India. India's state-run oil firms ONGC Videsh, the overseas arm of Oil and Natural Gas Corp, and and GAIL have a 30 percent stake in two gas-producing blocks in Myanmar as part of a consortium which is supplying the hydrocarbon gas that goes to China. Officials said the two companies -- which will continue to pursue hydrocarbon interests in Myanmar -- are also part of the pipeline project which will link the two blocks to China. The total investment by the state companies is around $1 billion
Once a staunch supporter of Myanmar's democracy icon Aung San Suu Kyi, India began engaging the junta in the mid-1990s as security, energy and strategic priorities began to override concerns over democracy and human rights.Sad story.

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