S'pore Firms In Oil Exploration Deal With Myanmar: Report

March 19, 2007
TODAY

YANGON - Two Singaporean-registered companies with a link to Russia have
signed a deal for offshore oil and gas exploration in Myanmar, state media
reported on Saturday.

Silver Wave Energy and Silver Wave Sputnik Petroleum have signed a deal
with the state-owned Myanma Oil and Gas Enterprise (MOGE), according to a
report from the New Light of Myanmar.

The newspaper gave no details of the deal, saying only that it was signed
by the Energy Minister from the Russian Republic of Kalmykia, Mr Boris
Chedyrov; chairman of Silver Wave Energy U Min Min Aung and MOGE managing
director Myint Kyi. - AP