News Post
Thailand's PTT eyes third LNG terminal in Myanmar
PTT PCL is looking to build a third liquefied natural gas (LNG) terminal in Myanmar to help secure energy supply in the Southeast Asian country.
The company is studying a plan to build an LNG receiving terminal adjacent to a gas pipeline already linked to existing gas fields in Myanmar, Nuttachat Charuchinda, chief operating officer for PTT's upstream business,
The terminal, expected to have capacity of 5 million tonnes per year, will offer a more convenient location to ship LNG from suppliers in the Middle East, he added.
PTT already owns the $880 million, 5 million-tonne-per-year Map Ta Phut LNG import facility, the second-largest in Southeast Asia, and parts of cross-country pipelines running for hundreds of kilometres from Myanmar.
The company is also building a second LNG terminal, with the same capacity of the first one, at Map Ta Phut in eastern province of Rayong, which is expected to be completed in 2017.
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