24/06/2008 13:22. Daewoo International said Monday it has signed a memorandum of understanding with the China National Petroleum Corporation to sell all the natural gas it extracts from Burma to CNPC.

Daewoo found a large gas field of 4.5 to 4.7 trillion cubic feet in the A-1 and A-3 mining areas in Burma in 2004. It is the largest gas field discovered by a Korean private firm, and enough to match the amount of natural gas consumed in Korea for five years.... // 조선일보(영문판)