Reports noted that China will build refineries capable of processing up to 20 million metric tons a year, in southwest China to process crude oil from the Sino-Myanmar pipeline.
The refineries will be located in Chongqing City of Sichuan Province and in Yunnan Province. China National Petroleum Corp. (CNPC) signed a memorandum with Myanmar on the cross-border oil pipeline recently, the construction for which will start in September1.