What you should know about India

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article from Asia Times

By opposing the imposition of sanctions on Myanmar, India has made it clear that it wants to maintain cordial links with the military junta. It's no coincidence that at the height of the protests in Yangon, India signed production-sharing contracts for the development of three deep-water exploration gas blocks off Myanmar's western coast. - Siddharth Srivastava

Betraying its soft approach towards Myanmar, New Delhi has advised the United Nations Security Council against imposing sanctions, which should only be used as a "last resort", on Myanmar. Instead, India has told the military regime to consider launching a probe into the protests.

...New Delhi is keen to push a pro-Myanmar agenda to leverage energy sources and reduce the influence of China, which has gas projects in the country.

Pulled up by the Prime Minister's Office for allowing China to steal a march in Myanmar, India's Oil Minister, Murli Deora, visited the country at the time of the protests and pledged Indian investments of US$150 million for gas exploration.

India's state-run explorer - Oil and Natural Gas Corp (ONGC) - and its counterpart, the Myanmar Oil and Gas Enterprise, signed production-sharing contracts for the development of three deep-water exploration blocks off Myanmar's western Rakhine coast. All three blocks are believed to have good hydrocarbon potential as they are close to shallow water blocks A-1 and A-3 where ONGC is part of a consortium developing a gas find.