Pipeline Politics

Description: 

"The Burmese junta controls huge natural resources but inefficiency and incompetence—and bizarre priorities—keep the rewards from reaching the people While most Burmese struggle daily with high fuel prices, commodity shortages and a lack of electricity, huge quantities of natural gas lie unexploited under the sea off the west coast of Arakan because of the military regime?s indecision or incompetence. A Burmese worker checks the level of gasoline being transported in drums for sale to roadside outlets [Photo: Yuzo/The Irrawaddy] Burma is rich in national energy resources—with gas, oil and hydroelectric power potential—but critics say the military government is too busy planning grandiose projects to make the best use of energy resources for the people?s benefit. Analysts who closely observe the regime say corruption and oftentimes strange priorities that are only apparent to the tight inner circle that controls the country?s decision-making process also account for the underdevelopment of the country?s money-making resources. Energy industry analysts say that the recoverable gas reserves that have been independently verified in just two blocks of the offshore Shwe field in the Bay of Bengal could bring in US $2 billion annually for at least the next 25 years..."

Creator/author: 

William Boot

Source/publisher: 

"The Irrawaddy" Vol 15, No. 10

Date of Publication: 

2007-10-00

Date of entry: 

2008-04-29

Grouping: 

  • Individual Documents

Category: 

Language: 

English

Format: 

Size: 

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