PTTEP Commences Gas Exports from Myanmar's Zawtika Project to Thailand
PTT Exploration and Production Public Company Limited (PTTEP) reported Wednesday that the Zawtika Project in Block M9 and a small north east part of Block 11 in Myanmar's Gulf of Martaban in which its subsidiary PTTEP International Company Limited (PTTEPI) is the operator and holds an 80 percent participation interest, and the other partner, Myanma Oil and Gas Enterprise (MOGE) holds a 20 percent participation interest, has commenced gas exports to Thailand.
PTTEP wishes to announce that on Aug. 5 the Zawtika Project began delivering natural gas to PTT Public Company Limited (PTT) for use in Thailand and is currently ramping up production to a rate of 240 million standard cubic feet per day (MMscf/d), which is the daily contract quantity (DCQ) as stipulated in the Gas Sales Agreement. The project began delivering natural gas for domestic use in Republic of the Union of Myanmar since March 2014, at a rate of approximately 60 MMscf/d.
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 Republic of the Union of Myanmar.
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