China-Myanmar pipeline carries 10.8mil tonnes crude oil in 2019

  • China
  • Tuesday, 14 Jan 2020

KUNMING: China imported 10.8 million tonnes of crude oil via the China-Myanmar oil and gas pipeline in 2019, up 6.3% year on year, according to the Kunming Customs in southwest China's Yunnan Province.

The Kunming Customs said on Tuesday (Jan 14) that the import value amounted to 37.7 billion yuan (US$5.5bil) up 3.9%.

Meanwhile, the imports of natural gas from Myanmar amounted to 3.4 million tonnes, up 54% from 2018, with a total value of 12.1 billion yuan, an annual increase of 74.1%.

Crude oil started entering China via the 1,420-km China-Myanmar crude oil pipeline from June 2017, and the China-Myanmar natural gas pipeline was put into operation in July 2013.

According to the Dehong oil and gas transmission branch of the China National Petroleum Corporation, China has imported about 26.9 million tonnes of crude oil and 24.6 billion cubic meters of natural gas through the China-Myanmar oil and gas pipeline.

Myanmar and China are also planning to sign at least three memorandums of understanding (MOUs) paving the way for the construction of the Kyaukphyu Special Economic Zone (SEZ) in Rakhine State and promoting economic cooperation in border areas, during Chinese President Xi Jinping’s two-day visit to Myanmar beginning on Friday. - Xinhua/Asian News Network
Article type: free
User access status: 3

China , Myanmarm Pipeline , Oil Import , Increase


Across The Star Online