Gas Processing & LNG is Produced by Gulf Publishing Holdings LLC



China's CNPC looking for new gas sources in Myanmar

SHANGHAI (Reuters) - A subsidiary of China National Petroleum Corp (CNPC), the country's largest oil producer, is looking for new sources of natural gas in Myanmar to feed a pipeline between the two nations, the China Daily reported on Friday.

CNPC Southeast Asia Pipeline Co Ltd is seeking additional gas to supply the pipeline which runs from Daewoo International's offshore blocks in Myanmar, said Chen Xiangqiu, vice president of the gas pipeline project, according to the paper.

The company has been transporting gas from Daewoo International's fields under a 30-year deal that started in mid-2013.

Chen said the CNPC unit had been looking for new gas deposits in Myanmar, as well as keeping abreast of progress on new gas fields developed there by Daewoo International and others.

The firm is also considering building a liquefied natural gas (LNG) terminal at the Made Island oil port in the western Myanmar state of Rakhine, the starting point of the Myanmar-China pipeline.

Violence in Rakhine has prompted some 650,000 Rohingya Muslims to flee to Bangladesh in recent months.

CNPC produced about 3 billion cubic meters (bcm) of shale gas in the southwestern Chinese province of Sichuan in 2017, the official Sichuan Daily said earlier this month.

(Reporting by Engen Tham; Editing by Joseph Radford)


Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo

FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
The US Energy Information Administration (EIA) reported in April that the US set records for natural gas production in 2017.
EWAnalysis
- Energy Web Atlas
Since market reforms first started in 1978, China has shifted from a centrally planned economy to a market-based economy, experiencing rapid economic and social development.
Industry Perspectives
-Eugene Gerden
Russia aims to ally with Qatar in LNG competition with Australia and other LNG-exporting majors over the coming years.


GasPro 2.0: A Webcast Symposium

Register Now

The global LNG industry is becoming increasingly interconnected as grassroots export projects get off the ground. Another technology route for processing gas into fuels—GTL—is attracting renewed attention due to improving economics. Small-scale solutions for both LNG and GTL are at the forefront of new technological developments, while major projects using more conventional technologies continue to start up around the world.

During this webcast, we will focus on LNG, GTL, gas processing technology developments and deployments, operations, small-scale solutions, transportation, trading, distribution, safety, regulatory affairs, business analysis and more.

October 25, 2018 08:30 AM CDT

Register Now

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2018 Gulf Publishing Holdings LLC.