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Burma is rich in natural resources, particularly natural gas and oil. Yet instead of using these resources for the countrys sustainable development through industry and job growth, military leaders have been exporting them for over a decade. This has generated huge revenue flows, but a lack of transparency and mismanagement of these revenues has left Burma with some of the worse development indicators in the world, creating a Resource Curse.
Burma
Myanmar Oil and Gas Enterprise (MOGE-state owned) Golden Aaron Pte.Ltd Aye Myint Khine Suntac Co Ltd Parami Energy U Chit Khaing of Eden Group Smart Technical Services IGE NGWE MPRL E&P
China
China National Petroleum Corporation (CNPC) China National Offshore Oil Company (CNOOC) EPI Holding Ltd (Hong Kong) Tianjin New Highland Sinopec China Huanqiu Contracting and Engineering Corporation
India
Thailand
PTTEP
Malaysia
Petronas Carigali Rimbunan Retrogas Ltd
France
Total (E&P)
South Korea
Daewoo International KMDC KOGAS
Russia
Nobel Oil PSC-E: Alister Zarubezhneft
Australia
Canada
Focus Energy
Switzerland
Geopetrol
Vietnam
Petro Vietnam
Indonesia
PT Istech Resources Asia Goldpetrol
Singapore
Brilliant Oil Corporation Pte.Ltd., Subsidiary company of SWE(Silver Wave Energy) UNOG
Japan
Nippon Oil
Source: Arakan Oil Watch For more information please see the Arakan Oil Watchs report titled Burmas Resource Curse. (www.arakanoilwatch.org)