CNPC is reportedly seeking LNG in Myanmar

Image courtesy of 2b1stconsulting

Image courtesy of 2b1stconsulting

A subsidiary of China National Petroleum Corp., the country’s largest oil producer, is reportedly looking for new sources of natural gas in Myanmar to feed a pipeline between the two nations, the China Daily reported on January 12th.
According to CNPC’s vice president of the gas pipeline project Chen Xiangqiu, CNPC Southeast Asia Pipeline Co. Ltd. is seeking additional gas to supply the pipeline which runs from Daewoo International’s offshore blocks in Myanmar.
The company has been transporting gas from Daewoo International’s fields under a 30-year deal that started in mid-2013.
The firm is also considering building a LNG terminal at the Made Island oil port in the western Myanmar state of Rakhine, the starting point of the Myanmar-China pipeline.