Local Company Submits Proposal for Yangon- Mandalay Oil Pipeline

Myanmar Energy Sector Devel­opment Public Company Limited (MES­DPCL) has submitted a $300 million pipeline proposal to the Ministries of Planning & Finance and Electric Power & En­ergy, said Dr. Win Myint a member of the board of directors.

The plan outlines the construction of two pipe­lines, each 14 inches in diameter, running 650 kilometers from Hlegu township in Yangon Re­gion to Mandalay Termi­nal in Mandalay Region.

The pipeline project will reduce oil transportation charges by as much as $12 million annually and de­liver fuel to sub-stations in Bago, Phyu, Taungngu, Naypyidaw, and Meiktila along the way.

The sub-stations will significantly improve My­anmar’s rural energy pen­etration. The Bago sub-station reaching Mon and Karen states, the Meik­tila sub-station reach­ing south and east Shan state and Kayah state and the Mandalay station ac­cessing northern Shan state, Sagaing region, and Kachin state.

“The government ap­proval process makes the timeline for this project uncertain. While the pipe­line would considerably reduce costs and improve transport, allocating pub­lic or private land is al­ways an issue of concern,” Dr. Win Myint noted.

Once launched, the pro­ject will sell shares publi­cally and employ foreign engineers to provide the technical expertise.

Source: Myanmar Business Today

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