China-Myanmar Oil Pipeline Opens Enhancing Tie

BEIJING: Crude oil began flowing from Myanmar to China over a 1,420 km long pipeline putting the relationship between the two countries on better footing. The oil reached Ruili, a border city of in China’s Yunnan Province at 4 p.m. on Friday according to the state owned China National Petroleum Corporation, which built the pipeline. Oil will flow through the pipe at a speed of […]

Villagers in Myanmar Describe the Destructive Power of China’s Building Frenzy

Kyaukphyu, Myanmar — President Xi Jinping of China is hosting a conference in Beijing this weekend to showcase one of his biggest gambles: a planned investment in pipelines, ports, trains, roads and other projects to link China to much of the rest of the world, including Europe and Africa. Called One Belt, One Road, the multibillion-dollar initiative seeks to generate business for China’s state-owned enterprises […]

China’s Trans-Myanmar Pipeline to Start Pumping Oil in May

A pipeline pumping crude oil from Myanmar ’s Rakhine coastline into Yunnan Province in China will finally be operational in May after several delays, according to the Thura Swiss market research company based in Yangon. An official from investors Southeast Asia Crude Oil Pipeline (SEAOP) was cited in local and Chinese media reports this week […]

Myanmar-China Crude Oil Pipeline to Commence Next Month

​ After a two-year delay, the Myanmar-China crude oil pipeline is expected to begin operating in May, officials said this week. The respective parties of Myanmar and China were discussing the terms and conditions on the crude oil pipeline operation since its soft opening launched in early 2015, according to officials. “The crude oil pipeline […]

Myanmar: Ground Zero for China-India Energy Competition | Geopolitical Monitor

Since the early 1990s, China’s remarkable economic growth has led to a dramatic increase in its domestic energy needs, prompting its state-owned national oil companies (NOCs) to embark upon a worldwide search for oil and gas reserves. This strategy has been successful in diversifying import sources and satisfying the demands of a growing economy, yet […]

Myanmar elections will ‘not loosen military’s grip on business’

The outcome of Myanmar’s forthcoming national elections will do nothing to reduce the military’s business control over natural resources, but the return of a USDP-led government should ensure a continuing pro-business outlook from Nay Pyi Taw, a study said. The opposition National League for Democracy (NLD) is expected to do well in the November elections, […]

Oil and gas stumbles with price drop

Some offshore exploration activities have been delayed and natural gas exports are generating lower income. Benchmark West Texas Intermediate crude for October delivery traded for US$44.02 yesterday on global markets, vastly different from a year ago, when crude was above $100 a barrel. Faced with dropping prices without a commensurate drop in costs, many energy […]

‘Romantic North’ reserves vital to domestic energy supply

Oil consumption in Myanmar is likely to double by 2025, meaning that new discoveries are essential to meet energy demand for the future without relying too heavily on imports. But some fear the dream of finding large proven reserves may not be realised. The likelihood of finding commercially viable reserves in recently awarded onshore and […]

Myanmar considers LNG to meet growing energy demand

Energy demand in Myanmar is rising fast. The country is abundantly rich in natural energy resources, but the investment of capital and technology will not be able to unlock these resources in time to fulfill the growing need for power. In the meantime, the Ministry of Energy is considering its options for imported fuel to […]

Oil Pipeline Through Myanmar to China Expected to Open in January

BEIJING / YANGON — A crude oil pipeline and a deep sea port meant to secure an alternative route for Chinese imports overland through Myanmar are set to open at the end of January, but an affiliated refinery in China is months away from completion, sources said. The finished development should help ease China’s reliance […]