South Korean and Indian companies to invest us$5.6 billion in producing natural gas in Burma
It has been reported that a consortium of South Korean and Indian companies is to invest $5.6 billion in producing natural gas in Burma for export by pipeline to China.
South Korea, the world's No.5 crude importer and No.2 liquefied natural gas buyer, said on Thursday it would boost financial support for the new and renewable energy industry by 24 percent this year.