Myanmar to conduct a ground survey test for a refinery in Kalargote

A joint venture of a Chinese company and Myanmar Economic Corporation (MEC) is taking ground survey to construct a five million tons oil refinery in Kalargote deep seaport project, according to Naing Lawi Aung, Minister for Electric Power and Industry of Mon State.

If the refinery is finished, Myanmar will import crude oil from Middle East to refine like Shwe natural gas project, the minister said.

“Although the deep sea port project is studied by many international companies, currently MEC and a Chinese company are conducting a ground test survey to construct an oil refinery,” the minister said.

Myanmar is implementing Dawei deep seaport project with Thailand and Kyauk Phyu deep seaport project with China.

The Kalargote deep seaport would be built between Mawlamyaing, the capital of Mon State and Yay. Myanmar also planned to construct Boke Pyin deep seaport project in Tanintaryi region.

The big international companies are not so interested in investment in Kalargote project though the plan is still underway.

source: Eleven Myanmar
http://www.elevenmyanmar.com/business/2833-myanmar-to-conduct-a-ground-survey-test-for-a-refinery-in-kalargote