China Opens Delayed Myanmar Oil Pipeline to Get Mideast Crude Faster

  • Pipeline operations start as crude unloaded at Made Island
  • Tanker United Dynamic arrived from Turkey on April 9: data
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A crude pipeline to southwestern China through its neighbor Myanmar began operations after years of delays, allowing the world’s second-biggest oil user to receive supplies faster from the Middle East and Africa.

A Suezmax-sized tanker, which can hold 140,000 metric tons (about 1 million barrels) of crude, began offloading oil for the pipeline on Monday at Myanmar’s Made Island, according to China’s official Xinhua News Agency. Operations on the line, which was completed in 2014 and originallyBloomberg Terminal scheduled to start the same year, are beginning after the government of Myanmar agreed to lower transit fees, Wang Dongjin, president of PetroChina Co., saidBloomberg Terminal last month.