POSCO INTERNATIONAL TO SHELL OUT 108 BILLION WON FOR OFFSHORE DRILLING IN GAS FIELDS OFF MYANMAR

• POSCO International is all keyed up to invest 108.6 billion won to explore new gas fields in Myanmar.
• POSCO International will carry out speculative drilling at the Mahar area of the A-3 Mining District in northwestern Myanmar.

Currently, a bevy of companies is indulging itself in the development of A-3 Mining District, with POSCO International holding a 51 percent stake in the project. The other participan....