Sunday, May 27, 2007
A Thai company has discovered natural gas off the coast of Myanmar, in the latest boost to the impoverished country's thriving energy sector, state media reported Saturday.
PTT Exploration & Production discovered a large deposit of natural gas in the Gulf of Martaban about 188 miles south of Yangon, the New Light of Myanmar reported
PTT Exploration & Production discovered a large deposit of natural gas in the Gulf of Martaban about 188 miles south of Yangon, the New Light of Myanmar reported
An appraisal well is expected to produce maximum 31.5 million cubic feet of natural gas per day, the newspaper reported, which along with two earlier discoveries made the site commercially viable.
PTT is also exploring for gas in a number of other areas or blocks in the Gulf of Martaban.
PTT is also exploring for gas in a number of other areas or blocks in the Gulf of Martaban.
Source : Yahoo ! Finance
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