Asia
Pipeline to China opens
Beijing: The giant oil pipeline from Myanmar to China started trial operations on Wednesday. The 771 km pipeline will connect China with a deepwater port in western Myanmar and reduce China's dependence on oil transported through the Straits of Malacca.
The construction of the pipeline started in June 2010 and was completed in May 2014. The project is jointly owned by China’s state-owned oil producer CNPC and Myanmar’s state-owned Oil and Gas Enterprise, with a shareholding of 50.9% and 49.1% respectively.
The oil pipeline, with a transmission capacity of 22m tons oil per year, is scheduled to be officially opened on Friday. [29/01/15]