The Shwe natural gas fields consist of three independent gas discoveries, the Shwe, Shwe Phyu, and Mya fields (referred to collectively as the “Shwe fields”). The Shwe fields are in blocks A-1 and A-3 off of Myanmar’s Arakan coast (see Figure 1). Daewoo is the majority owner and operator of both of these blocks. Daewoo has brought in a number of minority partners for the gas fields. 2 The consortium will also operate an offshore pipeline through the Shwe Offshore Pipeline Joint Venture Company. The consortium signed a USD billion contract with South Korea’s Hyundai Heavy Industries for the construction of the 80 km/110 km subsea pipeline, as well as much of the offshore natural gas production facilities (Hyundai Heavy Industries Co. 2010). The pipeline is scheduled for completion by March 2013. The former Myanmar military government received numerous offers to purchase gas from the Shwe fields, but finally awarded purchasing rights