YANGON: Nearly a decade in the making, a project to pump oil 770km across Myanmar to South-West China is set for imminent start-up, with a supertanker nearing the port of Kyauk Phyu, marking the opening of a new oil trading route.
Dogged by sensitive relations between Naypyitaw and Beijing, the US$1.5bil oil pipeline has been sitting empty for two years, but the two sides are now close to a deal, said Myanmar-based government and industry sources, despite some last-minute tensions.
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