Breakthroughs and Bad News for Oil Investors

Description: 

Thailand has finally decided to pay up, and Unocal feels vindicated, but investors in Burma?s oil industry are still beset with problems, according to recent reports. The Petroleum Authority of Thailand PTT has revealed that it paid a consortium developing the Yadana offshore oilfield US $277 million at the end of July, ending two years of speculation over whether it would compensate the group for unused gas.

Source/publisher: 

"The Irrawaddy", Vol. 8. No. 9

Date of Publication: 

2000-09-00

Date of entry: 

2010-08-20

Grouping: 

  • Individual Documents

Category: 

Language: 

English

Format: 

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