YADANA DELAYED

[dawnstar@xxxxxxxxxxxxx]

dawn star wrote:
> 
> YADANA PIPELINE, in case you missed it, ds
> 
> > MYANMAR INFORMATION COMMITTEE
> > No. A-0782 (I) 30th January 1999
> 
>  Pipeline Laying of Yetagun Gas Project to be Completed at Year End
> >                 Minister for Energy inspected the DLB KP1, a vessel
which is laying a
> > 24-inch natural gas pipeline offshore on Taninthayi coast at Yetagun Gas
> > Project. The minister and party observed connecting of pipelines with
welding
> > machines, the system of checking the connections and laying of the
pipeline.
> > At Kanbauk region in Taninthayi Division, the minister inspected laying
of a
> > pipeline along the axis at KP-42 area, use of heavy equipment and
progress in
> > implementing the project. Laying of onshore pipeline began in October
1998 and
> > offshore pipeline in November 1998. At present, of the 67 kilometres of
> > pipeline to be laid onshore, 42 kilometres have been laid and of the 206
> > kilometres of pipeline to be laid offshore, 178 kilometres have been
laid. The
> > work of pipeline laying, erection of a production drilling rig and
> > arrangements to produce and sell condensate of Yetagun Gas Project will be
> > ready at the end of 1999.
> 
> They still dont have generators in Thailand set up. More problems on the
> Thai Egat side. Don't hold your breath. TOTAL may withdraw before this
> ever gets operational. Unlikely but not impossible. Generals meanwhile
> remain desperate for TOTAL support of dictatorship and their bankrupt
> economy, and will make virtually any deal to get the World Bank and IMF
> behind them. Rest alert about this. ds