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New Light of Myanmar

Thursday, 28 November, 2013

a d v e r tis e m e nt & Ge NERAL Claims Day Notice

the republic of the union of myanmar Ministry of Energy Myanma oil and gas enterprise Invitation for Open Tender (14/2013)

MV kota restu voy No (353)

Open tenders are invited for supply of the following respective items in United States Dollars.

Sr.No

Tender No

Description

Qty

Remark

(1) IFB-112(2013-2014) Transmission for Komatsu Dozer (1) Unit US$ (2) IFB-113(2013-2014) Torque Convertor for Komatsu Dozer (1) Unit US$ (3) IFB-114(2013-2014) National Torque Convertor (3) Nos US$ CAT D 3508 Rig Engine (4) IFB-115(2013-2014) GM 6 V 71 Engine (2) Sets US$ (5) IFB-116(2013-2014) GM 6 V 53 Engine (4) Sets US$ Mud Agitator Unit (With Motor (3) Lots US$ (6) IFB-117(2013-2014) Driven) (7.5 KW) (7) IFB-118(2013-2014) Shore Water Pump (1000gpm, (1) Lot US$ 200 ft head) Centrifugal Water Pump With 80 HP Motor Driven (8) IFB-119(2013-2014) Skid Mounted Crude Transfer (1) Lot US$ Pump (400gpm, 400 ft Head With Engine Driven) -Tender Closing Date & Time - 23-12-2013, 16:30 Hrs. Tender Document shall be available during office hours commencing from 25th November, 2013 at the Finance Department, Myanma Oil and Gas Enterprise, No(44) Complex, Nay Pyi Taw, Myanmar. Myanma Oil and Gas Enterprise Ph: +95 67-411097/411206

Argentina,Spain agree compensation for YPF nationalization

Madrid/Buenos Aires, 27 Nov — Spain and Argentina have reached an agreement for Argentina to pay compensation for their decision to nationalize the energy firm YPF, a subsidiary of Spanish energy giant, Repsol in 2012. Argentina had nationalized YPF last year and refused to pay any money for the seizure, complaining that YPF had not invested enough money to increase production from its oilfields among which is the Vaca Muerta oilfield, the site of one of the world’s largest recent discoveries of shale gas. Repsol has asked for compensation of 10.5 billion US dollars and insisted that it has invested around 20 billion US dollars in Argentina in the company which produced around a third of Argentina’s oil and

around 25 percent of its gas. The nationalization of YPF caused a breakdown in international relations between Spain and Argentina, which have traditionally enjoyed close ties. Spanish Industry Minister Jose Manuel Soria flew to Buenos Aires on Monday in the company of executives from Repsol to meet with Argentinean officials and reach the agreement, which has to be ratified by a board meeting at Repsol this coming Wednesday. No official figures for the amount of compensation agreed have been published, although Spain’s El Mundo newspaper reports that Argentina has offered around 5 billion dollars, while YPF President, Miguel Galuccio is reported to be “very happy,” with the agreement, saying it is the best way for YPF and

Repsol to continue with the development of the Vaca Muerta oilfield. One early effect of the agreement was that Repsol shares performed strongly

on the Spanish Ibex 35 Stock exchange, increasing in value by around 4 percent in the early hours of trading on Tuesday morning.—Xinhua

Zimbabweans collect grain distributed by World Food Programme (WFP) in East Mashonaland Province, Zimbabwe, on 25 Nov, 2013. WFP estimates that about 2.2 million Zimbabweans will need food aid to buffet the impact of a poor harvest this year. The food shortage is foreseen to be the worst one that the country suffered over the past four years.—Xinhua

Consignees of cargo carried on MV kota restu VOY NO (353) are hereby notified that the vessel will be arriving on 28.11.2012 and cargo will be discharged into the premises of h.p.t where it will lie at the consignee’s risk and expenses and subject to the byelaws and conditions of the Port of Yangon. Damaged cargo will be surveyed daily from 8 am to 11:20 am and 12 noon to 4 pm to Claims Day now declared as the third day after final discharge of cargo from the Vessel. No claims against this vessel will be admitted after the Claims Day. Shipping Agency Department Myanma Port Authority Agent for: M/s advance container lines Phone No: 256908/378316/376797

World Culture Forum closes in Indonesia Bali, (Indonesia), 27 Nov — The World Culture Forum ( WCF) was closed on Tuesday afternoon with a joint commitment document that calls for measurable, effective role and integration of culture at all levels in the post-2015 development agenda. The conclusion of the inaugural WCF event was conducted by Indonesian National Education and Culture Minister Muhammad Nuh at Bali International Convention Centre (BICC). According to the document of Bali Promise, participants promised to seek new modality for the valuing and measuring of culture in sustainable developments, developing accountable ethical framework for evidence-based measures of community engagement and stakeholders benefits, fostering new participatory models promoting cultural democracy and social inclusion and fostering the stability in social, political and economic development for nurturing the culture of peace at both local and international levels.

Supporting the leadership of young people in cultural endeavors, promoting local knowledge system in guiding environmental conservation and heritage protection and developing and strengthening productive partnerships among public and private sectors are also included in the Bali Promise. “We are grateful that we have conducted this inaugural event successfully. The event was featured with high dynamic thought changing among prominent cultural experts. And because this was the first to have been convened, we use promise as the outcome of the event,” Muhammad Nuh told a Press conference. The minister said that Indonesia intends to become the eternal host of the WCF event in the future. “Indonesia would be the eternal home to WCF. So the host would still be Indonesia, other countries may act as the co-host. We would convene it once in two years,” the minister said. Xinhua

Acknowledgement

According to the survey (2013) of MMRD, the most experienced research company in Myanmar,

still standing on the top position of trademarks across the nation, heartily thanks consumer people for their clamorous purchase of products

28 nov 13 nlm  

Volume XXI, Number 226 Thursday, 28 November, 2013

28 nov 13 nlm  

Volume XXI, Number 226 Thursday, 28 November, 2013

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