to invest over US$1 billion in an offshore gas project in Myanmar. The investment to be made over five years will enable state Myanmar Oil and Gas Enterprise develop the prospective M-9 Block in Myanmar’s Gulf of Martaban. Drilling is expected to start next year. Myanmar currently supplies some 20% of Thailand’s gas requirements….
MYANMAR: Thailand’s PTTEP prepares to make big gas investment
Posted on November 25, 2007 by EnergyAsia