UPDATE 2-Myanmar stops disputed gas exploration -Bangladesh
(Updates with Myanmar reaction)
DHAKA, Nov 6 (Reuters) - Myanmar stopped oil and gas exploration in deep-sea blocks in disputed waters in the Bay of Bengal on Thursday, a day after Bangladesh asked China for help over the row, officials said.
"They have stopped exploration, but are yet to remove vessels and equipment from our (sea) territory," a Bangladesh navy official told Reuters.
In Yangon, a Foreign Ministry official said Myanmar had only "paused" its exploration activities in the disputed waters.
"We don't have any reason to change our stance on this matter because it is located in our exclusive economic zone," said the Foreign Ministry official, who declined to be identified.
"We will continue it soon and move somewhere else within our zone when it's finished," he said of the exploration work.
Bangladesh sent a naval patrol to the area on Sunday after Myanmar began exploration in the blocks, raising tensions in the area thought to be rich in gas reserves.
Yangon summoned the Bangladesh ambassador on Sunday to protest against the actions by Dhaka, which later sent a diplomatic team to the former Burma this week.
The two impoverished countries have been holding talks for years to demarcate their border in the Bay of Bengal. This week Bangladesh said it wanted a diplomatic solution to the dispute to avoid any confrontation. Continued...
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage
An icon bows to changing times
With his Playboy Enterprises in talks to be sold for about $300 million, the 83 year-old Hugh Hefner will be giving up control over the iconic adult entertainment empire he founded that was instrumental in shaping society's opinions on nudity, sex and free speech. Full Article





India
US
UK









