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India's ONGC Videsh and GAIL Part of Myanmar Consortium to Supply Gas to China

BANGALORE, INDIA--January 8, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Indian public sector undertakings ONGC Videsh Limited (New Delhi), a wholly owned subsidiary of Oil & Natural Gas Corporation Limited (ONGC) (BSE:500312) (Dehradun, Uttarakhand), and GAIL India Limited (BSE:532155) (New Delhi), are part of a Myanmar government-led consortium that will export compressed natural gas from the government's offshore fields to state-owned China National Petroleum Corporation (CNPC) (Beijing) for a period of 30 years starting in 2012.

Other companies featured: Daewoo International Corporation (SEO:047050), Korea Gas Corporation (SEO:036460), Hyundai Heavy Industries Company Limited (SEO:009540), Technip (EPA:TEC), Samsung Heavy Industries Company Limited (SEO:010140)

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