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Business

Myanmar's strategic location attracts China's energy giants

This oil storage facility in Kyaukpyu, western Myanmar, serves as the starting point of a 2,400km oil pipeline to the Chinese city of Chongqing.

YANGON -- Situated on the Indian Ocean, Myanmar is in a prime location to aid China in its quest for an alternative oil transport route from the Middle East.

    Major Chinese energy companies are already working on large projects in the Southeast Asian country, building pipelines and other facilities.

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