BUSINESS - Shwe pipeline transfers 1.87 bcm of gas to China in 1st year

China received 1.87 billion cubic metres of gas during the first active year of the Shwe pipeline, according to a statement by China National Petroleum Corporation (CNPC). The state-run enterprise owns two parallel pipes — one gas, one oil — running from Burma’s Arakan coast to Yunnan, China. The gas pipe came online in July 2013, while the crude line is expected to begin this year. CNPC said that 60 million cubic metres of gas were distributed to Burma. At full capacity, the gas corridor can carry up to 12 billion cubic metres per year.