ASIA

Diesel, petroleum exports to Myanmar to begin

Reports in the media indicate India is to begin exporting diesel and other petroleum products to ...

Diesel, petroleum exports to Myanmar to begin

According to an anonymous senior official from the Numaligarh Refinery, “Myanmar requires some five million tons diesel annually and the oil-rich state of Assam can easily meet the demand. It would be a profitable business proposition and eventually we might think of exporting other petroleum products [as well].”

“Initially, tankers will be used to take diesel from Numaligarh by road to Myanmar. We might explore possibilities of laying a pipeline to export diesel at a later stage if technically feasible,” added the official.

While initially the traffic will be one way, the insider believes it would not be too long before Myanmar begins exporting its resources into India by via a separate pipeline.

“Between 4 to 6 trillion cubic feet of gas reserves were discovered recently in Myanmar. It would be economically cheaper to wheel back gas [through a pipeline] from Myanmar for use in India,” said the official.

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