China Petroleum News: At 10:28 a.m. local time on June 3, in the capital of Myanmar, Premier Wen Jiabao of the Chinese State Council and Prime Minister Deng Sheng of the Federal Government of Myanmar jointly touched the electronic ball marking the commencement of the Sino-Burmese oil and gas pipeline. At the same time, the machines on the pipeline construction site on the banks of the Mitchang River in Myanmar roared and splashed, and the China-Myanmar oil and gas pipeline project was officially started construction. Before the opening ceremony, under the joint witness of the two Prime Ministers, Jiang Jiemin, General Manager of China National Petroleum Corporation, and Wu Mintian, General Manager of Myanmar National Oil & Gas Company, signed the “Shareholder Agreement of Southeast Asia Crude Oil Pipeline Co., Ltd.†and the rights of Southeast Asia Natural Gas Pipeline Co., Ltd. Obligations Agreement and the Shareholders Agreement of Southeast Asia Natural Gas Pipeline Co., Ltd. The agreement clarified that the Southeast Asia Pipeline Company, a subsidiary of China National Petroleum Corporation, was the controlling shareholder of the joint venture and was responsible for the design, construction, operation, expansion and maintenance of the oil and gas pipeline project. The China-Myanmar natural gas pipeline is 793 kilometers long in Myanmar. The Myanmar-China Crude Oil Pipeline is 771 kilometers long in Burma, and is supported by a crude oil jetty on the west coast of Myanmar. Both pipelines began in the city of Burma, drifting from Yunnan Ruili into China. The construction of China-Myanmar oil and gas pipelines is of great significance in promoting China's energy supply diversification, promoting economic and social development in Myanmar, and achieving mutual benefit and win-win for all parties involved in cooperation. General Manager Jiang Jiemin of CNPC and deputy general manager Liao will attend the opening ceremony of the oil and gas pipelines in China and Myanmar and participate in related activities during Premier Wen Jiabao's visit to Myanmar. Prior to this, Jiang Jiemin and his delegation listened to the work reports of CNPC Southeast Asia Pipeline Co., Ltd. and CNPC in Myanmar. Jiang Jiemin pointed out that China-Myanmar oil and gas pipelines are the ties for mutually beneficial cooperation between the two countries and the symbol and carrier of friendship between the two peoples. Southeast Asia Pipeline Co., Ltd. and CNPC shall work together and cooperate closely with each other in Myanmar. With the support of the Myanmar government and local people, together with the parties involved, they will work hard to build Sino-Myanmar oil and gas pipelines into high-quality engineering, safety engineering and environmental protection projects. And friendship projects. During his stay in Myanmar, Jiang Jiemin also met with Burmese Energy Minister Lundy and conducted in-depth exchanges on issues related to the China-Myanmar oil and gas pipeline project. Li Runsheng, Assistant to the General Manager of the Group, Wen Qingshan, Deputy Chief Accountant, Wang Lihua, Deputy Chief Economist, and responsible comrades of the headquarters and related units participated in the related activities.
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