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Daewoo International to Start Myanmar Gas Project in 2013
06/24/2011 - Daewoo International is accelerating its pace of overseas resources development, including plans to embark on its Myanmar gas project from May 2013.
Daewoo International is accelerating its pace of overseas resources development, including plans to embark on its Myanmar gas project from May 2013.
The company recently released a special financial report that was intended to promote the improved investment among investors. In its report, Daewoo announced a timeframe for its resource projects.
In a recent PR event for investors, the company unveiled plans to invest in overseas resources projects, including several in oil and minerals, as well as the Myanmar gas field.
Meanwhile, Daewoo announced that its three ongoing resources projects -- Onshore Block 8 Production in Peru, Oman LNG Plant and Offshore 11-2 Gas Development in Vietnam -- generate 30 billion won in annual profit. That figure is expected to increase once the Australian Narrabri coal mine, which is currently in the testing phase, and the Ambatobi nickel mine in Madagascar start operations.
The company recently released a special financial report that was intended to promote the improved investment among investors. In its report, Daewoo announced a timeframe for its resource projects.
In a recent PR event for investors, the company unveiled plans to invest in overseas resources projects, including several in oil and minerals, as well as the Myanmar gas field.
Meanwhile, Daewoo announced that its three ongoing resources projects -- Onshore Block 8 Production in Peru, Oman LNG Plant and Offshore 11-2 Gas Development in Vietnam -- generate 30 billion won in annual profit. That figure is expected to increase once the Australian Narrabri coal mine, which is currently in the testing phase, and the Ambatobi nickel mine in Madagascar start operations.
