Sincerely, I am surprised by the impressive quantum leap Myanmar has been given on the news, leasding the rankings in economic growth in Southeast Asia and due to its important natural gas reserves off shore,it has been opening up to the world and poised to be a game changer in world oil geopolitics, and a prize to take between India, China, United States, in terms of which country can have the most important and the biggest shares of their oil blocks and revenues. China, apparently has taken the lead on this regard, being a close partner since the darkest times of the Junta, and still close to it, but now India also is watching close how events play out and pouring huge investments in the oil and gas sector, being Indians very interested in this country.
But for Washington this will be hard to take and measure and evaluate, since it has got to know and have the wisdom to calibrate its own national interests, and the relationships between Beijing and Delhi and overall how this play out in the geopolitical puzzle of the region. And also, there´s Australia as well, as one of the most important energy players in the pacific region, which could serve well as the bargaining chip between all interested players towards Myanmar energy riches.
Not to forget that according to the U.S. Energy Information Administration estimates the country, also known as Burma, had 10 trillion cubic feet of proven reserves and produced 421 billion cubic feet of the fuel The reserves are 1.9 percent of known deposits in the Asia Pacific, according to the EIA. So this is why Myanmar could have bigger geopolitical implications for the region than ever thought, now even more so when the issue about the South China Sea between China and Washington is surfacing again, and which holds huge and massive hydrocarbon reserves.
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