Myanmar exports 5 million tonnes of crude to China

22 July 2019
Myanmar exports 5 million tonnes of crude to China
The oil pipeline starts at Maday Island and the gas pipeline starts at Ramree Island, both in Kyaukphyu, Rakhine State, on the west coast of Myanmar. Photo: CNPC

China imported 5 million tonnes of crude oil via the China-Myanmar oil and gas pipeline in the first half (H1), up 2.7 percent year on year, hellenicshippingnews.com reported quoting Kunming Customs in southwest China’s Yunnan Province.

The customs statistics available on Sunday showed that the import value amounted to 17.27 billion yuan (about 2.51 billion U.S. dollars), up 9.2 percent year on year with the average import price reaching 3,443.8 yuan per tonne, up 6.4 percent year on year.

Crude oil started entering China via the 1,420-km China-Myanmar crude oil pipeline from 2017, and the China-Myanmar natural gas pipeline was put into operation in July 2013.