Myanmar-to-China gas pipeline fully open

mn

A pipeline pumping natural gas from Myanmar to energy-hungry China has gone fully operational, state-run Chinese media said on Monday.

The project, stretching more than 2,500 kilometres from western Myanmar to southwest China, will help the world’s second-largest economy feed its growing energy needs.

It comes as close political ties between the two nations have weakened, after Myanmar’s quasi-civilian regime took office in 2011 and brought in sweeping reforms that have led to the scrapping of most Western sanctions.

The pipeline, first launched in July after three years of construction, “has gone into full operation on Sunday”, the Global Times reported.

It runs from Kyaukpyu on the west coast of Myanmar and will deliver gas to Myanmar and China’s energy-deprived southwest, including Yunnan, Guizhou, Chongqing and Guangxi.

Critics say the project saw land confiscated from local residents and carries environmental risks.

The pipeline also passes through the Chinese border town of Ruili, where fighting erupted earlier this year between Myanmar government forces and the rebel Kachin Independence Army.

The added delivery of 12 billion cubic metres a year will cut gas prices and reduce coal use, the Global Times said, while limits on industrial gas consumption will be raised.

The pipeline will help China diversify its energy imports, it quoted Lin Boqiang, a professor with the China Centre for Energy Economics Research at Xiamen University, as saying.

“Currently, China’s piped gas is mainly imported from areas around the Malacca Strait. Now, we have one more pipeline from the land instead of the seabed, which will decrease dangerous factors,” Lin said.

 

 

 

 

Source : Channel News Asia | October 21, 2013

Advertisements

About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. thomas@novaadvisors.com In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
This entry was posted in Business, Economy and tagged , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s