PTT and Iran Agree on an Initial LNG Provision

Prasert Bunsumpun, president of Bangkok-based PTT Public Co. Limited, recently signed a contract on an initial agreement to have Iranian Pars LNG provide 3 million TPY (400 Mcfd) of liquefied natural gas (LNG) for 20 years starting from 2011.

The agreement will promote Thailandís long-term procurement stability in responding to the growing domestic demand for natural gas. It will also expand the countryís energy supply sources.

Thai Energy Minister Viset Choopiban and Iranian Oil Minister Seyyed Kazem Vaziri-Hamaneh witnessed the signing.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Mechanical Superintendent, Construction
Expertise: Construction Engineer|Mechanical Technician
Location: Alvin, TX
 
Corrosion Technician I
Expertise: Corrosion Engineering
Location: Houston, TX
 
Maintenance Technician - C
Expertise: Maintenance Technician|Mechanical Technician
Location: San Antonio, TX
 
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours