China, Myanmar Ink Trans-Border Oil Pipeline Agreement -CNPC
BEIJING (Dow Jones)--China National Petroleum Corp. and Myanmar's
Ministry of Energy earlier this week signed a memorandum of
understanding to build a crude oil pipeline with designed annual
capacity of 22 million tons, or 442,000 barrels a day, CNPC said in
its official newspaper Friday. The project includes a 1,100-kilometer
pipeline that connects Myanmar to Kunming city, Yunnan province, a
large-scale crude oil unloading port and a terminal at an island not
far from Sittwe in western Myanmar, with nearby oil storage and
transportation facilities. CNPC will be responsible for design,
construction, and operation of the project. A 300,000-deadweight ton
crude port and an oil tank with storage capacity of 600,000 cubic
meters will be built in Myanmar by 2010, the China Securities Journal
reported earlier this week. Construction on oil and gas pipelines will
start in September, it said.
China, Myanmar sign oil pipeline agreement
Eric Watkins, OGJ Oil Diplomacy Editor
LOS ANGELES, June 19 -- China National Petroleum Corp. and Myanmar's
Ministry of Energy, building on earlier agreements, have signed a
memorandum of understanding to build a 442,000-b/d oil pipeline. CNPC
will be responsible for the line design, construction, operation and
management. CNPC said the project includes the 1,100-km pipeline that
will start at Myanmar's west coast port of Kyaukryu, enter China at
Ruili, and then extend to its terminus at Kunming city, capital of
Yunnan province. China plans to receive its Middle Eastern and African
oil imports at Kyaukryu and run them through the line to Kunming.
According to a report in the China Securities Journal (CSJ), however,
a 300,000-dwt crude port and 600,000 cu m of oil storage also will be
built in Myanmar by 2010, while construction in oil and gas pipelines・
will start in September.
The CSJ report was referring to the agreement signed in March between
China and Myanmar that stated that a 2,800-km, 1.2-billion cu m gas
pipeline also will be laid parallel to the oil pipeline. Construction
of the $1.5-billion oil line and the $1-billion gas line is expected
to be complete by 2013, with CNPC holding 50.9% in the project and
Myanmar Oil & Gas Enterprise holding 49.1%. The oil line will shorten
the shipping distance of China's Middle Eastern and African oil
imports by 1,200 km, reducing transport time and boosting China's
energy security by avoiding the pirate-infested Malacca Strait. The
gas line will enable China to import supplies from the A-1 and A-3 gas
fields off Myanmar, now under development by a consortium led by
Daewoo International, which last December agreed to supply CNPC with
gas under a 30-year contract starting in 2013. According to Chinese
state media, the combined reserves of Myanmar's A-1 and A-3 gas blocks
are 311-368 billion cu m, while Myanmar's proven gas reserves stand at
2.54 trillion cu m.
Source:Oil & Gas Journal
View with map at
http://www.geocities.com/umyintlwin2005/China-Myanmar-sign-oil-pipeline-agreement.pdf
> View with map athttp://www.geocities.com/umyintlwin2005/China-Myanmar-sign-oil-pipeli...
[Shit]
I know you just love it.
Wakalukong
--------
On Jun 25, 11:15 am, "wakaluk....@yahoo.com.sg"
Hello Fucking Failure Paedophile Shit-for-brains Komin!
Sounds like it's time for you to open a branch office in Burma! Think
of all those Chinese workers who will be happy to pay for the services
of your prostitute sister/mother/wife.
With an infusion of Chinese DNA, the collective IQ of your in-bred
family can only increase! And you'll finally be able to fulfill your
dreams and call yourself a Chinese!
In the meantime, dream on, you don't qualify as a Chinese; so just
fuck off back to China you smelly scum bag!
Chinese needs to control Myanmar for Oil security .
n Jun 26, 8:50 pm, Jesus Christ the Cunt Fucker
Yes I know, but the paedophile komin never lets an opportunity to
peddle his prostitute wife/sister/mother to the Chinese to go begging,
does he?
the CPC controls the WA PARN warlords ,
and the CPC let people in WA PARN use Chinese registered
mobile phones
with SIM cards from Kun Ming .
all mobile phones in EAST Myanmar are all Chinese operated .
people in East Myanmar use Chinese Yuan currency as legal
exchange .
... thereby proving yet again that the Chinese are superior to
Japanese shit like you.
Now fuck off back to Japan you smelly Jap shit.
why did you say the CPC is Japanese ?
Monster , CPC = Communist Party of China .
> Now fuck off back to Japan you smelly Jap shit.- Hide quoted text -
>
> - Show quoted text -
Hello Komin you stupid Japanese paedophile turd!
CPC = Cambodian Paedophiles' Club. Gary Glitter is its president for
life, and you are his assistant.
Now fuck off back to Japan before angry Cambodian parents catch up
with you, you stupid Japanese paedophile shit.