LNG

March 27 (LNGJ) - LNG portfolio player BG Group was awarded new exploration acreage offshore Myanmar, better known in the West as Burma. BG will operate two blocks, A4 and AD2 (45 percent and 55 percent equity respectively). The company also secured acreage in blocks A7 and AD5. These are located in the Rakhine Basin, in the western offshore area of Myanmar and were awarded as part of the government's offshore bid round.  "BG and its bidding partners have committed to a 3D seismic acquisition programme in each block, which we expect to begin in 2014/15 with options for future drilling," the UK company said.