Oil & Gas Pipelines in Myanmar, to China

choi

(1) Jacob Gronholt-Pedersen, Myanmar Pipelines to Benefit China. New oil, gas supply routes are set to help slake nation's growing thirst for energy; Local tensions rise. Wall Street Journal, May 13, 2013.online.wsj.com/article/SB10001424127887324326504578466951558644848.html

Quote:

"The pipelines lie underneath [the ground], stretching 800 kilometers, or about 500 miles, from the Indian Ocean in the south—where the oil and gas will be loaded—to the Chinese border in the north [ending at Kunming] * * * Myanmar's Energy Minister Than Htay said in an interview that natural gas will start flowing in June, followed by oil in September, though the Chinese have said oil may not start before year-end.

"In December, [China's] net oil imports exceeded those of the US for the first time, and China's ascent [presently after US, having overpassed Japan in May, 2008] as the world's biggest importer could become permanent as early as next year.

"the gas [in the Myanmar pipeline] will come from a new development off the coast of Myanmar, while the oil will be shipped from the Middle East and Africa on tankers.

My comment: There is no need to read the rest, but iy is nice to view the map which provides updates about how much oil and gas will be dramatically increased to China in the near future.


(2) Evan Applegate, China's Suppliers Are Vulnerable. Boomberg BusinessWeek, May 13, 2013.
http://www.businessweek.com/arti ... hina-are-vulnerable

choi

To Bridged: I forgot I am in the wrong board. Please move the posting. Thanks.