Description:
Even as they remain locked in conflict along their northern border, Thailand and Burma continue to foster their mutual economic dependency. Energy-hungry Thailand has announced that it will pay US$ 300 million payment for contracted gas from Burma by March 31, easing pressure on the cash-starved Burmese regime as it continues to mount offensives against insurgent groups along the Thai-Burma border. The Petroleum Authority of Thailand PTT has also revealed that it is negotiating to take an additional 10-15% over contracted volumes of natural gas from Burma.
Source/publisher:
"The Irrawaddy", Vol. 9. No. 3
Date of Publication:
2001-04-00
Date of entry:
2003-06-03
Grouping:
- Individual Documents
Category:
Language:
English