You are here: Home » Economy & Policy » News
Business Standard

India-Myanmar gas pipleline may take shape in 2-3 yrs

Press Trust of India  |  Kolkata 

The tri-nation gas pipeline between India, Bangaladesh and Myanmar may take shape in two to three years time, Myanmar Ambassador U Kyi Thein said here today.

"Something can happen in two to three years with Indian companies like GAIL, Essar Oil, ONGC, IOC exploring gas in Myanmar," Thein told reporters on the sidelines of an interactive session.

Bilateral trade between India and Myanmar was expected to touch $1 billion in 2009-10 from the present $951 million, the ambassador said.

India is the fourth-largest trading country in Myanmar after Thailand, China and Singapore.

Thein said his country has signed an oil pipeline pact with China early this year which envisaged a 1,100 km pipeline from Myanmar’s west coast port of Kyaukryu which would enter China at Ruili and extend to Kunming city, the capital of Yunnan province.

First Published: Tue, December 01 2009. 18:47 IST
RECOMMENDED FOR YOU