China Receives Over 1 Bcm of Gas Through China-Myanmar Pipeline
OREANDA-NEWS. April 21, 2014. China has received 1.076 billion cubic meters of natural gas through China-Myanmar natural gas pipeline, said a release by China National Petroleum Corporation (CNPC), reports news agency Xinhua.
The 2,520-km pipeline is expected to supply 12 billion cubic meters of natural gas annually to Myanmar and southwest China. After three years of construction, the gas pipeline (Myanmar section) was completed and underwent test run on May 30 last year. It was officially fully operational in October.
CNPC has a 50.9 percent stake in the project. Two South Korean firms, Daewoo and Korean Gas Corporation, hold 25.04pc and 4.17pc respectively, while two Indian firms – Gas Authority of India Limited and Oil and Natural Gas Corporation – hold 4.17pc and 8.35pc respectively.
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