Thai-Myanmar gas project to start commercial production in 2013
U Myint Lwin
BANGKOK, Aug 3 (TNA) – Thailand and Myanmar will start commercial gas
production from offshore Block M9 natural gas project on the Gulf of
Martaban, south of Yangon in late 2013. Wannarat Channukul, Thailand's
energy minister said after the ASEAN Energy Ministers meeting last
month in Mandalay and bilateral talks between Thailand and Myanmar,
the two countries would sign an agreement on selling gas in the fourth
quarter of this year.
The operation by a subsidiary of the PTT Exploration and Production
Plc. (PTTEP) will produce gas at a volume of about 300 million cubic
feet per day (mcfpd) from the M9 gas field. Of the total daily
production, 240 mcf, or 80 per cent, will be delivered for use in
Thailand and the remaining 60 mcf, 20 per cent, will be used in
Myanmar. Petroleum reserves are estimated at about 1.5 trillion mcfpd
and investment funds of at least one billion US dollars are expected.
The negotiation was earlier delayed due to the economic crisis and the
decreasing demand for electricity and gas, said the energy minister.
(TNA)
Business News : Last Update : 19:49:06 4 August 2009 (GMT+7:00)
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may contain Lies, Deceptions, Disinformations, Misinformations,
vulgar flavours Distortion of History of Burma, Propagandas and is
suspected to be from pertinent authorities through one of their proxies.
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Xtras: Ethnic cleansing in Burma.
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Z Khup
charlie vietcong
Sothy
contesse du boid de boulogne = what else he tries to use as name..but
it's always the same dumbass komin, the malayu, a complete fake
Khmer,
and lunatic with education level not worth a parrot
la Comtesse Erzsebet de Bathory
that is why Mandalay is niow a China-Town .