PTTEP plans to increase gas production capacity from both resources to supply the new power plant in Myanmar. For the Zawtika gas block, PTTEP aims to increase output to 400 million standard cubic feet per day (MMSCFD), up from 290 MMSCFD. PTTEP has six gas fields in Myanmar, both onshore and offshore: Zawtika (80% stake), Yetagun (19.3%), Yadana (25.5%), M3 (80%), M11 (100%) and MD-7 (50%). Turning to Africa, Mr Phongstorn said the final investment decision for Mozambique's Rovuma Offshore Area 1 will be made on June 18. PTTEP has a 8.5% stake in the Rovuma Offshore Area 1 project through a subsidiary, PTTEP Mozambique Area 1.

Source: Bangkok Post June 03, 2019 21:33 UTC