Indian-Economy
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Q.

Which Indian private company signed an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?

 A.

SAIL

 B.

GAIL

 C.

Essar oil

 D.

Reliance Energy

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Solution:
Option(C) is correct

Essar Oil Limited (EOL) signed a Production Sharing Contract with the Government of Myanmar for exploration of oil exploration in two Blocks - one each for onshore and offshore blocks.

The contracts were signed by U.San Lwin-Managing Director of Myanmar Oil & Gas Enterprise, on behalf of the Government of Myanmar. The Minister for Energy, Brigadier General Lun Thi was also present. Mr. A. N. Sinha signed the contracts on behalf of Essar Oil Limited.


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