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Shwe Gas Field
The Shwe gas field is a natural gas field in Andaman Sea. It was discovered in 2004 and developed by and Daewoo. It began production in 2013 and produces natural gas and condensates. The total proven reserves of the Shwe gas field are around 9.1 trillion cubic feet (260 km³), and production is slated to be around 700 million cubic feet/day (20×105m³). References See also *Kyaukpyu Township Kyaukpyu Township ( my, ကျောက်ဖြူမြို့နယ်) is a township of Kyaukpyu District in the Rakhine State of Myanmar. The principal town is Kyaukpyu. At Ma Day Island of Kyaukpyu Township, a deep sea port was being built ... * Sino-Burma pipelines Natural gas fields in Myanmar {{Burma-geo-stub ...
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Burma
Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John Wells explains, the English spellings of both Myanmar and Burma assume a non-rhotic variety of English, in which the letter r before a consonant or finally serves merely to indicate a long vowel: mjænmɑː, ˈbɜːmə So the pronunciation of the last syllable of Myanmar as ɑːror of Burma as ɜːrməby some speakers in the UK and most speakers in North America is in fact a spelling pronunciation based on a misunderstanding of non-rhotic spelling conventions. The final ''r'' in ''Myanmar'' was not intended for pronunciation and is there to ensure that the final a is pronounced with the broad ''ah'' () in "father". If the Burmese name my, မြန်မာ, label=none were spelled "Myanma" in English, this would be pronounced at the end by all ...
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Andaman Sea
The Andaman Sea (historically also known as the Burma Sea) is a marginal sea of the northeastern Indian Ocean bounded by the coastlines of Myanmar and Thailand along the Gulf of Martaban and west side of the Malay Peninsula, and separated from the Bay of Bengal to its west by the Andaman Islands and the Nicobar Islands. Its southern end is at Breueh Island just north of Sumatra, with the Strait of Malacca further southeast. Traditionally, the sea has been used for fishery and transportation of goods between the coastal countries and its coral reefs and islands are popular tourist destinations. The fishery and tourist infrastructure was severely damaged by the 2004 Indian Ocean earthquake and tsunami. Geography Location The Andaman Sea, which extends over 92°E to 100°E and 4°N to 20°N, occupies a very significant position in the Indian Ocean, yet remained unexplored for long period of time. To the south of Myanmar, west of Thailand, and north of Indonesia, this sea is ...
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Daewoo
Daewoo ( ; Hangul: , Hanja: , ; literally "great universe" and a portmanteau of "dae" meaning great, and the given name of founder and chairman Kim Woo-choong) also known as the Daewoo Group, was a major South Korean chaebol (type of conglomerate) and automobile manufacturer. It was founded on 22 March 1967 as Daewoo Industrial and was declared bankrupt on 1 November 1999, with debts of about US$50 billion (equivalent to $ billion in ). Prior to the 1997 Asian financial crisis, Daewoo was the second largest conglomerate in South Korea after the Hyundai Group. There were about 20 divisions under the Daewoo Group, some of which survived as independent companies. History Beginning and development The Daewoo Group was founded by Kim Woo-choong in March 1967. He was the son of the Provincial Governor of Daegu. He graduated from the Kyonggi High School, then finished with an Economics Degree at Yonsei University in Seoul. During the 1960s, after the end of the Syngman Rhee g ...
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Natural Gas Field
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Petroleum reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil or natural gas, are trapped by overlying rock formations with lower permeability, while in unconventional reservoirs, the rocks have high porosity and low permeability, which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods. Oil field An oil field is an area of accumulation of liquid oil underground in multiple (potentially linked) reservoirs, trapped as it rises by impermeable rock formations. In industrial terms, an ...
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Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned fo ...
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Natural Gas Condensate
Natural-gas condensate, also called natural gas liquids, is a low-density mixture of hydrocarbon liquids that are present as gaseous components in the raw natural gas produced from many natural gas fields. Some gas species within the raw natural gas will condense to a liquid state if the temperature is reduced to below the hydrocarbon dew point temperature at a set pressure. The natural gas condensate is also called condensate, or gas condensate, or sometimes natural gasoline because it contains hydrocarbons within the gasoline boiling range, and is also referred to by the shortened name condy by many workers on gas installations. Raw natural gas may come from any one of three types of gas wells: * Crude oil wells: Raw natural gas that comes from crude oil wells is called ''associated gas''. This gas can exist separate from the crude oil in the underground formation, or be dissolved in the crude oil. Condensate produced from oil wells is often referred to as ''lease condens ...
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Proven Reserves
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil reserves, natural gas reserves, and coal reserves. It is defined as the " antity of energy sources estimated with reasonable certainty, from the analysis of geologic and engineering data, to be recoverable from well established or known reservoirs with the existing equipment and under the existing operating conditions." A reserve is considered proven if it is probable that at least 90% of the resource is recoverable by economically profitable means. Operating conditions are taken into account when determining if a reserve is classified as proven. Operating conditions include operational break-even price, regulatory and contractual approvals, without which the reserve cannot be classified as proven. Price changes therefore can have a large impact on the classification of proven reserves. Regulatory and contractual conditions may change, and also affect the am ...
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Kyaukpyu Township
Kyaukpyu Township ( my, ကျောက်ဖြူမြို့နယ်) is a township of Kyaukpyu District in the Rakhine State of Myanmar. The principal town is Kyaukpyu. At Ma Day Island of Kyaukpyu Township, a deep sea port was being built by Aisa World Company by investment of China National Petroleum Corporation. Kyaukphyu Special Economic Zone The Kyaukpyu SEZ plan is included an industrial zone, residential housing estates and a deep-water port and to cover about near Sit Taw and Si Maw Village. roadway and railway will linked between SEZ and Yunnan Province of China. But it will be relocated near to Kani Village because of finding an active mud volcano in initially planned area. Nippon Koei, China's CITIC group and Burma's Htoo Trading are expected to investment this project. CPG Consultancy Ltd., a Singaporean company, is appointed as adviser in selection of investment proposals. Shwe Gas Project It is one of the Burma's largest natural gas projects. A USD 3 bi ...
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Sino-Burma Pipelines
Sino-Myanmar pipelines refers to the oil and natural gas pipelines linking Myanmar's deep-water port of Kyaukphyu (Sittwe) in the Bay of Bengal with Kunming in Yunnan province of China. History Talks between China and Myanmar on the feasibility of the project began in 2004. In December 2005, PetroChina signed a deal with Myanmar's Government to purchase natural gas over a 30-year period. Based on this agreement, the parent company of PetroChina, China National Petroleum Corporation (CNPC), signed on 25 December 2008 a contract with the Daewoo International-led consortium to purchase natural gas from the Shwe gas field in A-1 offshore block. The plan to build the oil and gas pipelines was approved by China's National Development and Reform Commission in April 2007. In November 2008, China and Myanmar agreed to build a US$1.5 billion oil pipeline and US$1.04 billion natural gas pipeline. In March 2009, China and Myanmar signed an agreement to build a natural gas ...
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