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Home > News > Market Flash > China Myanmar oil and gas pipeline creates a new bond

China Myanmar oil and gas pipeline creates a new bond

ECHEMI 2020-02-14

Dengsuo, 35, is currently a driver in Kyaukpyu Management Office of Myanmar China oil and gas pipeline project. He has been involved in the construction of the project for a long time and settled here. "The China Myanmar oil and gas pipeline project has provided a lot of jobs for the local people since the early stage of construction," Deng said. Without this project, many villagers may still be fishing and farming. " Myanmar China oil and gas pipeline is a major cross-border energy and industrial project built by CNPC in Myanmar in recent years, and it is an important energy artery and infrastructure in Myanmar. The project was officially started in June 2010, including crude oil pipeline project and natural gas pipeline project, in which natural gas pipeline was put into operation in 2013 and crude oil pipeline was put into operation in 2017. Li Wenbin, deputy general manager of China Myanmar oil and gas pipeline project, said that the project has become a model of economic and trade cooperation between China and Myanmar, and is a pilot project of the "one belt and one way" initiative in Burma, playing an increasingly important role in promoting the interconnection between Southeast Asian countries. The starting point of the project is on the island of Maud, and dengsuo's home is less than 3 kilometers away from the management office. He said that in the past, drinking water in the village used to be stored in containers in wells outside the village.

 

Now, with the help of Chinese enterprises, every household can connect tap water to their home. There are nearly 4000 residents on the whole island. Before the project started, the infrastructure on the island was relatively backward. After the project was implemented, the villages on the island have connected roads and the economy has improved. Li Zilin, spokesman for the China Myanmar oil and gas pipeline project, said that the project adheres to local development, plays an active role in improving local people's livelihood, promoting local social development, promoting cultural exchanges and other aspects, and brings well-being to the local people. After the operation of Myanmar China oil and gas pipeline project has entered a stable period, more than 900 Myanmar employees are employed, with a localization rate of 80%. Nearly 200 Myanmar employees have taken important positions and become the backbone of the company. 226 local enterprises have participated in the construction of the pipeline project. Koyenoong, director of the administrative department of Myanmar oil and gas company, said that the operation of the project has increased trade between Myanmar and China, which is conducive to promoting the level of petrochemical technology and industry in Myanmar, developing the industry and energy industry, meeting the domestic demand for oil and gas and creating more employment opportunities. According to reports, since the start of the China Myanmar oil and gas pipeline project, a total of US $27 million has been invested in public welfare funds, and more than 280 social and economic assistance projects have been implemented, covering medical and health care, education, water supply and power supply, roads, communications, disaster relief and other fields. In addition, the learning environment of nearly 20000 Myanmar teenagers has been improved, nearly 1.2 million people have access to more convenient and reliable medical services, and many villages along the pipeline have access to 24-hour power supply and safe and clean water. Wen Nai, principal of Kyaukpyu No.1 basic education high school, said that Chinese enterprises have donated teaching buildings and some urgently needed teaching facilities to the school, creating a more convenient teaching environment for teachers and students, and setting up scholarships for poor students. "I hope my children will continue to work here in the future. I believe our village will become better and better." Said boarded.

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