China National Petroleum Corp’s (CNPC) subsidiary is exploring new sources of natural gas in Myanmar for a pipeline that transports gas between the two countries.
The gas pipeline project’s vice president Chen Xiangqiu told China Daily that the subsidiary, known as CNPC Southeast Asia Pipeline, is exploring new gas deposits to feed the pipeline, which runs from Daewoo International’s offshore fields in Myanmar.
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Under a 30-year deal beginning in 2013, CNPC has been transporting gas through the pipeline from Daewoo International’s offshore blocks, reported Reuters.
Chen also added that besides scouting for new gas sources, CNPC is focusing on the advances made on new gas blocks by Daewoo International and other players in the region.
The company is looking at building a liquefied natural gas (LNG) terminal at the Made Island oil port in Rakhine, the western state of Myanmar.
Rakhine is the region where the pipeline begins. The recent months have seen violence in this region displacing around 650,000 Rohingya Muslims. Many of them have fled to Bangladesh.
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By GlobalDataLast year, CNPC produced about around three billion cubic metres (bcm) of shale gas just in Sichuan, a province of China, according to Sichuan Daily.
