ID :
87349
Mon, 11/02/2009 - 13:59
Auther :

Hyundai Heavy wins US$1.4 bln order for gas facilities


SEOUL, Nov. 2 (Yonhap) -- Hyundai Heavy Industries Co., the world's leading
shipbuilder, said Monday that it has won a US$1.4 billion deal to build gas
facilities in Myanmar.

The deal with Daewoo International Corp., a South Korean trading company, calls
on Hyundai Heavy to build the facilities that will produce and transport gas at
an offshore gas field in northwestern Myanmar by March, 2013, the company said in
a regulatory filing.
Daewoo International plans to begin supplying gas from the field in May 2013 to
China.
sam@yna.co.kr
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