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PTT mulls third LNG terminal in Myanmar

PTT mulls third LNG terminal in Myanmar
Thailand’s energy firm PTT is planning to build a third LNG terminal in Myanmar to help secure energy supply for the country, a news report said.

PTT is said to be studying a plan to build a LNG receiving terminal adjacent to a gas pipeline already linked to existing gas fields in Myanmar, Reuters quoted Nuttachat Charuchinda, chief operating officer for PTT’s upstream business.

The planned terminal is expected to have a capacity of 5m tonnes per year and will offer a more convenient location to ship LNG from suppliers in the Middle East, he was reported saying.

At present, PTT owns the $880m, 5m tonnes per year Map Ta Phut LNG import facility and parts of cross-country pipelines running for hundreds of kilometres from Myanmar.

The Thai firm is also building a second LNG terminal, with the same capacity, at Map Ta Phut in eastern province of Rayong, with construction scheduled to be completed in 2017.

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