• PetroChina International launches its first gas station in Myanmar

    PetroChina International started its first gas station in Myanmar by late March, marking the energy firm’s entry into the Southeast Asian country’s retail fuel market, parent company China National Petroleum Co (CNPC) said on Friday

    * The gas station in Yangon is a joint venture between PetroChina International’s Singapore unit and a local Myanmar firm, while gasoline is being supplied by PetroChina International’s Singapore operation, said CNPC

    * The Chinese state energy firm annually supplies more than 1 million tonnes of refined fuel to Myanmar, and also started running a fuel storage in Yangon last September

    * PetroChina operates a 260,000 barrels-per-day refinery in southwest China’s Yunnan province that processes crude oil piped from a Myanmar-China pipeline. The refinery exported its first refined fuel via trucks in April 2018, said CNPC

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