The Gwadar–Kashgar Crude Oil Pipeline is a planned initiative intending to build a
crude oil
Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring u ...
pipeline connecting
Gwadar
Gwadar (, ) is a Port, port city on the southwestern coast of the Administrative units of Pakistan, Pakistani province of Balochistan, Pakistan, Balochistan. The city is located on the shores of the Arabian Sea, opposite Oman and has a populati ...
, Pakistan to
Kashgar
Kashgar () or Kashi ( zh, c=喀什) is a city in the Tarim Basin region of southern Xinjiang, China. It is one of the westernmost cities of China, located near the country's border with Kyrgyzstan and Tajikistan. For over 2,000 years, Kashgar ...
, China. The project has approximated an investment of a substantial amount, around $10 billion, for the pipeline's construction. The anticipated transmission capacity of the pipeline is projected to reach up to one million barrels per day.
Background
The pipeline holds strategic significance by enabling diversification and acceleration of crude oil imports for
Beijing
Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...
. Given Gwadar's proximity to the
Persian Gulf
The Persian Gulf, sometimes called the Arabian Gulf, is a Mediterranean seas, mediterranean sea in West Asia. The body of water is an extension of the Arabian Sea and the larger Indian Ocean located between Iran and the Arabian Peninsula.Un ...
, where approximately 40% of the world's crude oil is sourced, this venture is vital. Sources suggest that China currently satisfies 50% of its oil demand by importing from the
Middle East
The Middle East (term originally coined in English language) is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq.
The term came into widespread usage by the United Kingdom and western Eur ...
. The pipeline is expected to substantially shorten the transportation distance for delivering crude oil to China, ultimately bolstering energy security.
Economic impact
The Gwadar–Kashgar Crude Oil Pipeline possesses the potential to reshape not only
Pakistan's economy but also the broader region, sparking economic growth and fostering prosperity. This pipeline initiative is anticipated to stimulate economic activities, leading to positive financial outcomes for the region.
References
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Oil pipelines in Pakistan
Oil pipelines in China
China–Pakistan relations
Energy infrastructure in Pakistan
Energy infrastructure in China
Proposed energy infrastructure