Bashneft has won the tender for onshore block within PSA in Myanmar
Edited by Rhod Mackenzie / 2013-10-14 02:07:26
The Ministry of Energy of Myanmar has made the public the results of the second license round on the onshore blocks. Under its results, Bashneft has the right to close PSA for the ER-4 oil block with the share of 90%. The company will be the operator of the project. Bashneft’s partner in the project with the share of 10% is Sun Apex Holdings Ltd. It’s a local company recommended by the Ministry of Energy of Myanmar.
