China’s CNPC looking for new gas sources in Myanmar

Must Read

OilNOW
OilNOW
OilNOW is an online-based Information and Resource Centre

(Reuters) A subsidiary of China National Petroleum Corp. (CNPC), the country’s largest oil producer, is looking for new sources of natural gas in Myanmar to feed a pipeline between the two nations, the China Daily reported on Jan. 12.

CNPC Southeast Asia Pipeline Co. Ltd. is seeking additional gas to supply the pipeline which runs from Daewoo International’s offshore blocks in Myanmar, said Chen Xiangqiu, vice president of the gas pipeline project, according to the paper.

The company has been transporting gas from Daewoo International’s fields under a 30-year deal that started in mid-2013.

Chen said the CNPC unit had been looking for new gas deposits in Myanmar, as well as keeping abreast of progress on new gas fields developed there by Daewoo International and others.

The firm is also considering building a LNG terminal at the Made Island oil port in the western Myanmar state of Rakhine, the starting point of the Myanmar-China pipeline.

Violence in Rakhine has prompted some 650,000 Rohingya Muslims to flee to Bangladesh in recent months.

CNPC produced about 3 billion cubic meters of shale gas in the southwestern Chinese province of Sichuan in 2017, the official Sichuan Daily said earlier this month.

- ADVERTISEMENT -
[td_block_social_counter]
spot_img

Partnered Events

Latest News

Petrobras begins divestment of Tartaruga shallow water field

Petrobras has launched the divestment process for its 25% minority stake in the Tartaruga field, located in shallow waters...

More Articles Like This