Myanmar-China Pipeline Ships 1,87bn cu m of Gas
OREANDA-NEWS. August 08, 2014. The offshore section of the Myanmar-China natural gas pipeline has successfully shipped 1.87 billion cubic metres of gas, according to the Chinese oil and gas giant CNPC.
Sixty-million cubic metres of gas has remained in Myanmar for domestic use, whilst the rest carried on its journey to power China’s urban heartland.
The pipeline is part of an ambitious USD 2.5bn oil and gas project between the two countries, and measures over 2,400 kilometres from the Shwe fields in the Indian Ocean, through Myanmar to the city of Kunming, China.
The pipeline should be able to transport around 12 billion cubic metres a year of gas once it reaches full capacity.
According to CNPC, a parallel oil pipeline, which is due to come online later this year, will carry up to 440,000 bbls/d of oil.
The construction of the Myanmar-China pipeline was originally proposed in 2004.
In December, 2008, CNPC signed a 30-year purchase and sale agreement with South Korean conglomerate Daewoo International on importing natural gas from offshore blocks A-1 and A-3 in Myanmar.
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