NAYPYIDAW (Xinhua): Myanmar is planning to build new high-quality oil refineries so as to reduce reliance on the oversea market and to fulfill the local demands for oil products, an official from the Ministry of Electricity and Energy said on Monday (June 8).
"Medium oil refineries will be built in Myanmar's central region through China-Myanmar crude oil pipeline and new Integrated Refinery and Petrochemical Complex will be constructed near Yangon region under joint venture (JV) and public-private partnership (PPP) system," said Tin Maung Oo, permanent secretary of the ministry, at a press briefing.