This was reportedly decided at a meeting with Myanmar’s energy minister, Lun Thi, and petroleum minister Ram Naik in Delhi. Gail chairman and managing director, Proshanto Banerjee, is reported to have said: “We have shortlisted Snamprogetti for carrying-out a feasibility study for both the pipeline options. The consultant will also examine the viability of setting up a LNG liquefaction terminal in Myanmar.” An Indo-Korean consortium comprising ONGC Videsh Ltd (OVL), Gail, Daewoo International Ltd, and Kogas had recently discovered a vast gas field in block A-1 offshore Myanmar. The estimated recoverable reserve of the discovery is in the range of 4 to 6Ttcf of gas, which is equivalent to 700-1100m. barrels of oil. Myanmar’s energy minister Lun Thi said, “We came to discuss cooperation in the hydrocarbon sector and to find a market for gas (found in block A-1). India is a big market and we are exploring how that can be tapped.” He said gas production from block A-1 could be 1.5bncuft/d. The successful find, which flowed 32m. cm/d during testing, would be followed by a seismic survey and probably a delineation well later in the year. First gas could be flowing in 2008.