Aug 9, 2014

Gas from Zawtika supplied to Thailand

Thailand-based exploration firm, PTT Exploration and Production Plc (PTTEP), has started feeding gas from its first gas project in Myanmar, Zawtika, to Thailand.

The feed, kicked off on August 5, reached Thailand yesterday. (August 7).

Nattachart Charuchinda, chief operating officer for downstream business of PTT, the major shareholder of PTTEP and the gas buyer, said that this is in line with Thailand's growing demand for natural gas.

Zawtika is currently ramping up production to a rate of 240 million standard cubic feet per day (MMSCFD). The project began delivering natural gas for domestic use in Myanmar since March 2014, at a rate of approximately 60 MMSCFD.

Myanma Oil and Gas Enterprise (MOGE) holds a 20 per cent participation interest in the project.

"The Zawtika project is the largest overseas offshore producing gas field operated by PTTEP. This success marks as another important milestone for PTTEP in supplying natural gas to ensure energy security for both Thailand and Myanmar," the company said in the statement.

Zawtika is the first project of PTTEP in Myanmar. While in Yangon in February, Tevin Vongvanich, chief executive officer, said that the Zawtika is the largest offshore site among foreign projects of PTTEP.

The company presently has engaged in seven natural gas exploration and production projects in Myanmar – M3, M11, PSC G, EP 2, MD-7, MD-8 and Zawtika.

Source: Eleven Weekly Media