Posts tagged ‘Myanmar’

04/03/2014

Singh to Neighbors: To Boost Trade, Build More Highways to India – India Real Time – WSJ

Indian Prime Minister Manmohan Singh addressed state leaders from South and South East Asia in Myanmar today to emphasize the need to improve trade ties by building highways connecting India and its neighbors.

Mr. Singh is on a two-day visit to the neighboring country for an economic meeting called the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation [BIMSTEC] Summit.

Addressing an audience including the leaders of Myanmar, Bangladesh, Sri Lanka, Bhutan, Nepal and Thailand, Mr. Singh said he would like to “improve physical connectivity” with a highway that will connect India to Myanmar and Thailand and with more maritime links with Myanmar. “And even as we develop physical infrastructure, we should simultaneously start developing the supporting architecture of rules and regulations to facilitate cross-country movements,” he said. He arrived yesterday in Myanmar’s capital, Nay Pyi Taw.

via Singh to Neighbors: To Boost Trade, Build More Highways to India – India Real Time – WSJ.

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05/02/2014

China’s Oil Pipeline Through Myanmar Brings Energy—and Resentment – Businessweek

Until recently, 80 percent of China’s oil and gas imports were transported by ship through a narrow waterway separating Indonesia and Malaysia, known as the Strait of Malacca. The possibility that hostile forces could one day block that crucial passageway and starve the country of energy has long made China’s leaders nervous.

Oil and gas pipeline

Oil and gas pipeline (Photo credit: Wikipedia)

In 2009, two state-owned energy giants inked a $2.5 billion agreement to loosen the pinch: China National Petroleum and Myanmar Oil & Gas Enterprise agreed to lay down more than 500 miles of oil and gas pipelines from Myanmar’s western coast to China’s southwestern Yunnan province. When the oil pipeline goes online later this year, tankers carrying crude from the Middle East and Africa will be able to dock at Myanmar’s port of Kyaukpyu and send as many as 440,000 barrels of oil a day overland to China. Industry news service Platts (MHFI) reports that the oil pipeline is 75 percent complete and should be operational by June.

A parallel gas pipeline went into operation last July, capable of transporting as much as 12 billion cubic meters of natural gas per year across Myanmar to China. “China’s piped gas is mainly imported from areas around the Malacca Strait,” Lin Boqiang, a professor with the China Center for Energy Economics Research at Xiamen University, told the state-run Global Times. “Now we have one more pipeline from the land instead of the seabed, which will decrease” China’s energy vulnerability.

via China’s Oil Pipeline Through Myanmar Brings Energy—and Resentment – Businessweek.

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29/07/2013

China opens pipeline to bring gas from Myanmar | South China Morning Post

SCMP: “China has switched on a new pipeline bringing natural gas from Myanmar, a state company said on Monday, in a project that has raised concerns in Myanmar’s nascent civil society about whether its giant neighbour’s resource grabs will benefit local people.

myanmar_china_pipeline.jpg

The 793-kilometre pipeline connects the Bay of Bengal with southwest China’s Yunnan province and is expected to transfer 12 billion cubic metres of natural gas to China annually, according to a news release on the website of China National Petroleum Corporation (CNPC). A parallel 771-kilometre pipeline that will carry Middle East oil – shipped via the Indian Ocean – is still under construction.

China’s investments, largely in energy and mining, have generated controversy in Myanmar because they have done little to relieve that country’s chronic power shortages. In response, last year the Myanmar government abruptly suspended construction of the China-backed Myitsone dam, which would displace thousands and flood the spiritual heartland of Myanmar’s Kachin ethnic minority.

While the pipelines are only expected to provide a small proportion of China’s oil and gas consumption, they are strategically important to Beijing. The gas pipeline that began operating on Sunday offers a nearby source of gas, and the oil pipeline would eliminate the need for tankers from the Middle East to pass through the crowded Malacca Strait between Malaysia and Indonesia.

The two joint ventures are between state-owned CNPC and Myanmar’s national petroleum company Myanmar Oil and Gas Enterprise. Four other companies from India and South Korea also have stakes in the project, according to CNPC.”

via China opens pipeline to bring gas from Myanmar | South China Morning Post.

13/05/2013

* Myanmar Pipeline Puts China Ahead in Energy Shipping Dilemma

WSJ: “A new crude oil pipeline through Myanmar due to begin operations in September will put China in a favorable position compared to other Asian economic powerhouses challenged by energy security issues.

China’s Myanmar pipeline, which in the photo is under the red dirt trail, means it will be less dependent on the Strait of Malacca for its imported oil needs.

At a capacity of 440,000 barrels a day, the pipeline—running from Myanmar’s coast at the Bay of Bengal to China’s southern Yunnan region—will allow China to send less crude through the Strait of Malacca. The narrow waterway by Singapore, where the U.S. Navy has a strong presence, is considered a major threat to secure energy supplies by major Asian economies dependent on crude shipments from the Middle East and Africa.

China—helped by its own domestic oil production of just over 4 million barrels a day—last year relied on the narrow waters for around 37% of its total demand. That share will drop to about 30% once the Myanmar pipeline comes on stream.

In comparison, Japan, South Korea and Taiwan all rely on the Strait of Malacca for around 75% of their total oil consumption, in part due to their small domestic production.

The Myanmar pipeline, which will run parallel to a major natural gas pipeline, comes on top of a string of oil and gas import pipelines already completed or planned to supply China’s less-developed inland regions.”

via Myanmar Pipeline Puts China Ahead in Energy Shipping Dilemma – China Real Time Report – WSJ.

31/05/2012

* Myanmar can be link between India, China: Indian PM

Times of India: “Looking to quell speculation about India and China taking their rivalry to gas-rich Myanmar, PM Manmohan Singh said the country was perfectly placed to play the role of an economic bridge between China and India. While Indian officials have often described Myanmar as India’s gateway to Aseancountries, this is the first time Myanmar has been spoken about by the government as a link between India and China.

English: Manmohan Singh, current prime ministe...

English: Manmohan Singh, current prime minister of India. (Photo credit: Wikipedia)

While China alone accounts for more than 70% of investments into Myanmar, India stands at the 13th position in terms of its investments into the country. Despite its attempts to play a larger economic role there, India continues to be looked upon as a Johnny-come-lately whose infrastructure projects, including the ambitious Kaladan multimodal transport facility, have hardly taken off. On the other hand, Beijing is even building a gas pipeline from Myanmar to China.”

via Myanmar can be link between India, China: PM – The Times of India.

29/05/2012

* India PM Manmohan Singh in historic Burma visit

BBC News: “Manmohan Singh has held talks with Burmese President Thein Sein as he makes the first official visit to Burma by an Indian prime minister since 1987. The two sides signed 12 agreements to strengthen trade and diplomatic ties. During his three-day trip, Mr Singh will meet opposition leader Aung San Suu Kyi, whose mother once served as Burma’s ambassador to India.

The two nations share a 1,600km (1,000 mile) border, but relations have often been uneasy. On Monday, they signed agreements on border area development, air services, cultural exchanges, a $500m credit line between India’s Export-Import Bank and Myanmar [Burma] Foreign Trade bank, and establishment of a joint trade and investment forum, the BBC’s Sanjoy Majumder reports from the Burmese capital, Nay Pyi Taw.

Delhi cold-shouldered Burma’s military rulers during the 1990s, infuriating the generals by openly supporting Ms Suu Kyi. But Mr Singh, who arrived in the Burmese capital on Sunday, has overseen a dramatic turnaround in Delhi’s policy, and hosted former ruler Than Shwe on a state visit in 2010. Earlier, on his arrival in Burma, Mr Singh said: “I am coming here after 25 years when the last prime minister of India visited here. We have centuries-old ties of religion, culture and civilisation with the people of Myanmar. He had earlier said he wanted “stronger trade and investment links, development of border areas, improving connectivity between our two countries and building capacity and human resources”.”

via BBC News – India PM Manmohan Singh in historic Burma visit.

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