ONGC exploring swap deals to import gas from Myanmar
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OIL & GAS

ONGC exploring swap deals to import gas from Myanmar

01 Jan 2017 1 Min Read CW Team
A unit of ONGC is negotiating with Gazprom for supply of natural gas through a complex swap involving Russia, China and Myanmar. Myanmar is sending gas to China through an existing pipeline; if Russia can provide equivalent gas to China then the flow of gas from Myanmar to China can be reversed and brought to India.
A pipeline from Myanmar to India will be needed for this.

Contact: ONGC.
Website: www.ongcindia.com

A unit of ONGC is negotiating with Gazprom for supply of natural gas through a complex swap involving Russia, China and Myanmar. Myanmar is sending gas to China through an existing pipeline; if Russia can provide equivalent gas to China then the flow of gas from Myanmar to China can be reversed and brought to India. A pipeline from Myanmar to India will be needed for this. Contact: ONGC. Website: www.ongcindia.com

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