China – Myanmar Oil and Gas Pipeline Project

NAYPYIDAW, Myanmar, May 30 (UPI) – China’s $2.5 billion oil and natural gas pipeline in Myanmar will mutually benefit both countries, said Myanmar President Thein Sein. Thein Sein’s remarks of support for the project – being built jointly by China National Petroleum Corp. and Myanmar Oil and Gas Enterprise – followed a meeting with CNPC general manager Liao Yongyuan earlier this week, Chinas’ official Xinhua News Agency reports.In what is seen as a gesture to appease opposition to the pipeline, CNPC has donated $12.5 million for the construction of 45 schools and 24 health clinics and other projects along its route in Myanmar. Liao, in his meeting with Myanmar’s president, cited those projects as an example that CNPC has fulfilled its social responsibility in the course of the pipeline construction. more…