Myanmar earns about US$3.5 B from natural gas export

Myanmar earned about US$3.5 billion from natural gas export within 11 months in this fiscal year and earned over US$430 million more in the same period in the last fiscal year, said an official from the Ministry of Commerce. Myanmar is producing 3.32 million barrels of crude oil and 623 trillion cubic feet of natural […]

China-Myanmar oil pipeline carries 5 mln tonnes crude in H1

KUNMING, July 21 (Xinhua) — China imported 5 million tonnes of crude oil via the China-Myanmar oil and gas pipeline in the first half (H1), up 2.7 percent year on year, according to the Kunming Customs in southwest China’s Yunnan Province. The customs statistics available on Sunday showed that the import value amounted to 17.27 […]

Myanmar high on energy

Long-term outlook in oil & gas exploration is intact despite global oil price woes Some players in Myanmar’s oil and gas industry are optimistic that oil and gas exploration and production activities in the country would continue as expected, despite oil prices slumping to five-year lows. The local industry will thrive due to low output […]

China Cutbacks Put Burma Oil Terminal, Pipeline in Doubt

The future of China’s multi-billion dollar investment in an oil terminal and transshipment pipeline in Burma may be in doubt, after a major processing refinery project in China was delayed. The controversial refinery in the Yunnan Province capital of Kunming, which sparked angry street protests last year over pollution worries, will not now be built […]

Myanmar Deep-sea port to dock 300,000 tonne oil tankers on Madae Island

China has finished constructing a deep-sea port on Madae Island in Rakhine State, according to officials from the ports authority. The port will dock 300,000 tonne oil tankers as part of the Myanmar-China crude oil pipeline which is still under construction. The port was built in joint venture between China National Petroleum Corporation (CNPC) and […]

Myanmar-China gas pipeline starts to deliver gas to China

MANDALAY, Myanmar – A Myanmar-China natural gas pipeline (Myanmar section), co-invested by six parties from four countries including China, Myanmar, South Korea and India, was inaugurated in northern Myanmar’s Mandalay on Sunday and started to deliver gas to China. At about 4:12 pm (local time), Myanmar Vice President U Nyan Tun, Energy Ministers U Than […]