Sign up | Log in



Home  >>   Daily News  >>   Myanmar News  >> Energy  >> Thein Sein says pipeline is mutually beneficial
NEWS UPDATES Asean Affairs   29 May 2013  

Thein Sein says pipeline is mutually beneficial

Myanmar President Thein Sein said during a meeting in Naypyitaw on Monday that the ongoing China-Myanmar oil and gas pipeline is an important and mutually beneficial project, according to China’s Xinhua News Agency which quoted the president in talks with Liao Yongyuan, the general manager of China National Petroleum Corporation (CNPC), the pipeline’s major financial backer.

“He [Thein Sein] said Myanmar is now opening up in all directions, but still will continue to maintain China-Myanmar friendship and strive to enhance the neighborly, friendly and cooperative ties between the two countries,” the report said.

Liao is reported as saying that CNPC attaches importance to the task of fulfilling its “social responsibility” in the course of the pipeline construction, as reflected by the construction of a number of school buildings and clinics along the pipeline.

The Chinese state media agency reported that Myanmar Vice President Nyan Tun also met with Liao's entourage, and that he spoke highly of CNPC's participation in Myanmar's social welfare undertakings.

China’s Ambassador to Myanmar Yang Houlan was also reported to be present at the meeting where Thein Sein told his hosts he welcomed Chinese companies investing in Myanmar and setting up oil refineries.

Meanwhile, another of the pipeline’s investors, South Korea’s Daewoo International, this week announced that it was aiming to begin transferring natural gas from the Myanmar port of Kyaukphyu to China’s Yunnan Province in July, according to oil and gas industry magazine, Upstream.

However, the report added that “security issues could delay this.”

The security issues undoubtedly refer to ongoing hostilities in northern Shan State—part of the route of the 800km trans-Myanmar pipeline—where Shan and Kachin armed groups continue an armed conflict against Myanmar government forces.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories    29 May 2013 Subsribe Now !
• ASEAN: A New Magnet for Foreign Direct Investments Subcribe: Asean Affairs Global Magazine
• Serbia Pursues Closer Relationship with ASEAN Asean Affairs Premium
• Cuba Wishes to Enhance Relationship with ASEAN
• Thai bourse supports ASCO in developing small- and medium-cap securities analysis 
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• MAS Opens Representative Office in Beijing 
• Thai bourse welcomes fuel provider PTG on May 30
• Thein Sein says pipeline is mutually beneficial
Asean Analysis            29 May 2013 Advertise Your Brand
• Asean Analysis- May 29, 2013
After Half a Century, a Myanmar President Visits Washington
• Asean Analysis- May 29, 2013
"You don’t live twice: can Spain deliver a Bollywood happy ending?"
Sponsor Our Events
Asean Stock Watch     29 May 2013
• Asean Stock Watch-May 29, 2013  

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand