BUSINESS China-Myanmar pipeline carries 10.8M tonnes crude oil

BUSINESS

China-Myanmar pipeline carries 10.8M tonnes crude oil

Xinhua

09:12, January 15, 2020

Photo taken on May 19, 2017 shows the Ruili station of the China-Myanmar crude oil pipeline in Ruili, southwest China's Yunnan Province. (Photo: Xinhua)

China imported 10.8 million tonnes of crude oil via the China-Myanmar oil and gas pipeline in 2019, up 6.3 percent year on year, according to the Kunming Customs in southwest China's Yunnan Province.

The Kunming Customs said Tuesday that the import value amounted to 37.7 billion yuan (about 5.5 billion U.S. dollars), 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 12.1 billion yuan, an annual increase of 74.1 percent.

Crude oil started entering China via 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.

According to the Dehong oil and gas transmission branch of the China National Petroleum Corporation, China has imported about 26.9 million tonnes of crude oil and 24.6 billion cubic meters of natural gas through the China-Myanmar oil and gas pipeline.

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