Kyaukphyu: Asia’s Next Commercial Hub to Rival Singapore and Hong Kong

In a 13-minute project promotion video China International Trust and Investment Company (CITIC) celebrates the wonder of Asia’s rapid development with portraits of the pre-industrial ports of Singapore, Hong Kong and Taiwan’s Daxi fade into their modern incarnations of high-rise glass and steel marvels. The final image, however, is particularly jarring: a container ship approaches […]

China-Myanmar oil, gas project benefits both

The China-Myanmar crude oil and gas pipeline, a pioneer project of the China-proposed Belt and Road Initiative, has brought tangible benefits to both sides, and won broad support. The pipeline project consists of a crude oil pipeline and a natural gas pipeline, which run from the port of Kyaukpyu on Myanmar’s west coast to Ruili […]

Jereh Group wins China-Myanmar gas storage contract

Jereh Group has been awarded an engineering, procurement and construction contract for a gas storage project in Guizhou province, China, it said September 21. The scope includes a natural gas liquefaction plant with the production capacity of 10.59mn ft³/d and a supporting storage tank of 5,000 m³. The project will back up supplies through the […]

Myanmar buys only small amount of gas

Myanmar is buying only 200 million cubic metres of natural gas for local consumption, although its quota entitled the country to buy two billion cubic metres of natural gas from Southeast Asia Gas Pipeline Co Ltd , the operator of Myanmar-China gas pipeline project. “We are supplying gas from four distribution centres – Kyaukphyu, Mandalay, […]