There was no second-guessing why China’s President Xi Jinping made Myanmar his first stop in a visit earlier this year, even as coronavirus was mercilessly gripping his nation: China has never ceased worrying about reliable supplies of gas, and the prospect of a pipeline with Myanmar is an attractive one. For years, since relations with […]
Drilling of new wells in Shwe gas field project to start early 2020
The overall Shwe natural gas project includes the A-1 and A-3 blocks. The A-block contains Shwe and Shwe Phyu fields and A-3 contains the Mya field. The eight development wells will be dug first at the Shwe and Shwe Phyu fields in block A-1and the work is expected to take eight months. Once the wells […]
China’s CNPC breaks into Myanmar fuel retailing with Singapore brand
SINGAPORE/YANGON (Reuters) – China National Petroleum Corp is planning to open dozens of petrol stations in Myanmar, the first major foreign investor to enter the fast-growing Southeast Asian fuel market, as the state giant expands its retail oil business, company officials said. The investment, which could eventually reach tens of millions of dollars, follows a […]
PetroChina receives second Iranian crude shipment via Myanmar terminal
A second Iranian VLCC discharged its cargo at the Myanmar oil terminal in August, indicating that state-run PetroChina is increasingly using the pipeline through the Southeast Asian country for importing Iranian crude to its refinery in southern China. The shipment comes at a time when refiners in the rest of Asia are starting to back […]
The ‘Belt and Road’ Projects China Doesn’t Want Anyone Talking About
Kunming, Yunnan’s provincial capital, occupies a key place in China’s economic diplomacy efforts as the terminus of oil and gas pipelines from the Bay of Bengal and the starting point of a planned railway network winding through Indo-China to Singapore. But the provincial authorities have obscured the location of a brand new, 29.2 billion yuan […]
PetroChina Yunnan Refinery to be Operational by June
China National Petroleum Corp, the country’s largest oil and gas producer, aims to start operating its new refinery in the country’s southwestern Yunnan province by June, an auxiliary project of the China-Myanmar crude oil pipeline. The first batch of refined oil products is due in early September, said Yu Mingxiang, a senior engineer at PetroChina […]
CNPC loads first crude oil into Myanmar-China pipeline
China’s state-owned refiner China National Petroleum Corp (CNPC) said it has loaded the first crude oil through its Myanmar-to-China pipeline, the latest step towards supplying crude to its new refinery in Yunnan province. Some 1,150 cubic meters per hour of crude flowed into the 770-kilometre (480 mile) pipeline from Tuesday, CNPC said in a statement […]