China-Myan­mar pipe­line sends 10.8M tonnes crude oil to China last year

Mizzima Business Weekly - - BUSINESS ALERTS -

China im­ported 10.8 mil­lion tonnes of crude oil through the China-Myan­mar oil and gas pipe­line in 2019, up 6.3 per­cent year on year, re­ported Xin­hua cit­ing the Kun­ming Cus­toms in south­west China's Yun­nan Prov­ince. The Kun­ming Cus­toms said that the im­port value amounted to about US$5.5 bil­lion, up 3.9 per­cent. Mean­while, the im­ports of nat­u­ral gas from Myan­mar amounted to 3.4 mil­lion tonnes, up 54 per­cent from 2018, with a to­tal value of US$1.74 bil­lion, an an­nual in­crease of 74.1 per­cent. Crude oil started en­ter­ing China through the 1,420-km China-Myan­mar crude oil pipe­line from June 2017, and the China-Myan­mar nat­u­ral gas pipe­line was put into op­er­a­tion in July 2013.

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