Gas feed from Myanmar starts

Economy August 08, 2014 01:00

By The Nation

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An additional supply of natural gas from Myanmar began flowing into Thailand yesterday, as demand for this resource grows.

PTT chief operating officer (downstream) Nattachart Charuchinda said that as of 8am yesterday, Thailand’s gas pipeline was fed by 240 million standard cubic feet per day from Myanmar’s Zawtika field. 
He said that not only would this additional supply cater to Thailand’s growing demand for natural gas, it would also ease shortages when supplies from other gas fields were disrupted.
PTT Exploration and Production, which owns 80 per cent of the Zawtika field, announced earlier that gas feed from the source started on Tuesday.
Owned through its subsidiary PTT International Co, PTTEP said that the rate of 240mmscfd met a stipulation in the gas sales agreement. 
The project began delivering natural gas for domestic use in Myanmar in March, at a rate of approximately 60mmscfd.
Myanmar Oil and Gas Enterprise holds a 20-per-cent participation interest in the project. 
“The Zawtika project is the largest overseas offshore-producing gas field operated by PTTEP,” the Thai company said in a statement. 
“This success marks as another important milestone for PTTEP in supplying natural gas to ensure energy security for both Thailand and Myanmar.”