Yetagun Gas Field
   HOME

TheInfoList



OR:

The Yetagon gas field is an offshore gas field in the Andaman Sea. Following the
Yadana project The Yadana gas field is an offshore gas field in the Andaman Sea. It is located about offshore to the nearest landfall in Myanmar.Yadana means "treasure" in Burmese. The gas field is an important source of revenue for the Myanmar Army. Gas fro ...
, the US$700 million Yetagun ("Flag of victory") project was the second natural gas offshore project in
Myanmar Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John Wells explai ...
.


Description

The Yetagun gas field contained a
reserve Reserve or reserves may refer to: Places * Reserve, Kansas, a US city * Reserve, Louisiana, a census-designated place in St. John the Baptist Parish * Reserve, Montana, a census-designated place in Sheridan County * Reserve, New Mexico, a US vi ...
estimated at . In 2000, the production started at and could go up to . It travels through a , diameter pipeline to
Thailand Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is b ...
. About of the pipelines is undersea, and the rest of it is onshore, where it links with the Yadana pipeline. Also, Yetagun could produce eight to nine thousand barrels of
gas condensate Natural-gas condensate, also called natural gas liquids, is a low-density mixture of hydrocarbon liquids that are present as gaseous components in the raw natural gas produced from many natural gas fields. Some gas species within the raw natur ...
per day.


History

The Yetagun gas field was a
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...
between
Texaco Texaco, Inc. ("The Texas Company") is an American oil brand owned and operated by Chevron Corporation. Its flagship product is its fuel "Texaco with Techron". It also owned the Havoline motor oil brand. Texaco was an independent company unt ...
(50%),
Premier Oil Premier is a title for the head of government in central governments, state governments and local governments of some countries. A second in command to a premier is designated as a deputy premier. A premier will normally be a head of governm ...
(30%), and
Nippon Oil , formerly , or NOC or ''Shin-Nisseki'' (新日石) is a Japanese petroleum company. Its businesses include exploration, importation, and refining of crude oil; the manufacture and sale of petroleum products, including fuels and lubricants; and ...
(20%). After Texaco withdrew in 1997 and Premier Oil withdrew in 2002, Petronas became the operator. In 2008, the Yetagun gas pipeline had a problem with leaking, causing a loss of 400-500 million cubic feet per day (cfd) to Thailand. In 2011, a helicopter hired by Petronas to work at Yetagun crashed in the Andaman Sea, killing 3 people while 11 people survived.


Controversy

Some controversy exists regarding the Yetagun (and Yadana) pipeline since some of the profits go to the Burmese government which has a poor
human rights Human rights are moral principles or normsJames Nickel, with assistance from Thomas Pogge, M.B.E. Smith, and Leif Wenar, 13 December 2013, Stanford Encyclopedia of PhilosophyHuman Rights Retrieved 14 August 2014 for certain standards of hu ...
record. Also, the main export pipeline runs through an area associated with the Mon and
Karen Karen may refer to: * Karen (name), a given name and surname * Karen (slang), a term and meme for a demanding woman displaying certain behaviors People * Karen people, an ethnic group in Myanmar and Thailand ** Karen languages or Karenic l ...
ethnic minorities. There have also been reports of forced labor to build a railway to the pipeline terminus. Furthermore, some are concerned about the environmental impact the pipelines will have on forests.Bogumil Terminski, (2012), Oil-Induced Displacement and Resettlement. Social Propblem and Human Rights Issue, Working Paper, Simon Fraser University, Vancouver. Though Texaco sold its shares for ostensibly commercial reasons, some believe that the US government’s sanctions on investments in Burma contributed to their withdrawal. Similarly in 2002, when Premier withdrew, activists claimed victory in a 10-year-long campaign against the company’s activity, whereas Premier insisted it pulled out due to commercial interests.


See also

*
Yadana gas field The Yadana gas field is an offshore gas field in the Andaman Sea. It is located about offshore to the nearest landfall in Myanmar.Yadana means "treasure" in Burmese. The gas field is an important source of revenue for the Myanmar Army. Gas fro ...


References

{{reflist


External links


Premier's Description of the Yetagun Project
Natural gas fields in Myanmar Natural gas fields in Thailand