Amid China stand-off, BPCL plans Myanmar pipeline

State-owned Bharat Petroleum Corporation Ltd (BPCL) is in talks with neighbouring countries including Bangladesh and Myanmar and others to set up product pipelines, the senior executives of the company said on Tuesday. The focus on neighbouring countries, especially Myanmar, seems important considering the recent tension between India and China over Doklam. Also, plans of similar […]

India mulls oil pipeline to Myanmar

KOLKATA (miningweekly.com) – Pushing ahead with its ‘oil and energy diplomacy’ in neighbouring countries, India is considering building an oil pipeline to connect refineries in its north-eastern provinces to consumer centers in Myanmar. According to senior government officials in the Petroleum and Natural Gas Ministry, several Indian oil refiner-marketers have already started marketing petroleum products […]

Rosneft to Close $10 bn Essar Oil, Vadinar Refinery Deal in a Few Weeks

​​ Russian oil major Rosneft on Wednesday said that the company will close $10.9 billion (Rs 72,800 crore) acquisition of Essar Oil and Vadinar refinery within a few weeks. “We are closing the deal of Essar Oil and Vadinar refinery within a few weeks,” said a Rosneft official, president and chairman of Rosneft told the media on the sidelines of Petrotech Summit in New Delhi. This will […]

6,900 km gas pipelines to connect Bangladesh, Myanmar, India

GARTALA: The government has ambitious plan to lay 6,900 km of gas pipelines linking Bangladesh, Myanmar, most north-eastern states, and West Bengal, ONGC Executive director S.C. Soni said here. “As part of Hydrocarbon Vision 2030 for North-eastern region, 6,900 km pipelines would be laid connecting Sitwe (Myanmar), Chittagong (Bangladesh), most north-eastern states, Siliguri and Durgapur,” […]

Energy ministry cools Pertamina speculation

The Ministry of Energy held a press conference yesterday to quash rumours that Indonesian state-owned oil giant Pertamina had signed a contract to distribute petroleum products in Myanmar Indonesian media reported earlier this week that Pertamina was the likely winner of a tender to import, store and distribute petroleum products in Myanmar, quoting the company’s […]