Description:
The report carries no information beyond 2015..."From July 2012 to July 2013, the United States lifted
many sanctions against Burma (also known as Myanmar)
although some sanctions were retained. The lifting of many
of the sanctions resulted in U.S. companies being able to
invest in some businesses in the country as well as to import
goods from Burma.
In 2013, Burma produced a variety of mineral commodities,
including cement, coal, copper, lead, natural gas, petroleum,
petroleum products, precious and semiprecious stones,
tin, tungsten, and zinc. In August, intense floods affected
various states and regions in the country and displaced over
20,000 people. The most affected was Kayin State, which is
located in the south of the country (table 1; United Nations
Office for the Coordination of Humanitarian Affairs, 2013).
In June 2013, a new pipeline was commissioned and began
transporting natural gas from Burma to China. The pipeline,
which stretches for 794 kilometers (km), connects the Bay
of Bengal (located on the southwest coast of Burma) to
Yunnan Province of China (located to the northeast of Burma).
According to China National Petroleum Corp. (CNPC), the
pipeline has an estimated transportation rate of 12 billion
cubic meters of natural gas per year. During 2013, a parallel
pipeline measuring 771 km in length was under construction;
when commissioned, it would transport crude oil from the
Middle East, which was originally planned to be shipped from
the Indian Ocean. For the construction of the pipelines, CNPC
formed a joint venture with Myanmar Oil and Gas Enterprise
and four other companies from India and the Republic of Korea
(Watt, 2013).
On November 19, the Italian-Thai Development Plc. (ITD),
a construction company based in Thailand, announced that it
had stopped the construction of the deep-sea port and industrial
zone in Dawei, Tanintharyi Division, in southern Burma, which
is located about 186 km west of Thailand?s capital city of
Bangkok. The 75-year concession granted to ITD remained in
place while the participation of foreign investors was arranged.
The project was halted due to the lack of progress and delays
in construction as well as insufficient economic commitments
(DVB Multimedia Group, 2013)..."
Source/publisher:
US Geological Survey (USGS), "Minerals Yearbook" 2013
Date of Publication:
2016-05-00
Date of entry:
2017-12-10
Grouping:
- Individual Documents
Category:
Language:
English