Myanmar to use Yadana-gas in-house

Oct 20, 1997 02:00 AM

Sept. 6, 1997 A large natural gas project in Myanmar is under way to supply natural gas from Yadana offshore field for domestic use, the New Light of Myanmar reported. The project is being implemented by Total Oil Company of France, Unocal Oil Company of the U.S. and Mitsui Company of Japan in co-operation with the Myanmar Ministry of Energy to help boost power generation and urea fertiliser production in Myanmar.
The project includes the laying of 238 km of 50.8-centimetre gas pipeline from Yadana offshore field to Twantay township of southern Yangon, the building of a fertiliser factory which will produce 570,000 tpy of urea and the building of a 340-MW power station with a combined cycle power plant.
Moreover, another project for laying natural gas pipeline running from the Yadana gas field in the Gulf of Mottma to Thailand is also under way. Under a 30-year contract reached between the developers and the Petroleum Authority of Thailand (PAT) in January 1995, natural gas from the Yadana field will besold to Thailand starting July 1998.
The Yadana natural gas field is jointly developed on a production sharing basis by a foreign oil group, which comprises Total (France), Unocal (US) and PTTEP (Thailand), and Myanmar Oil and Gas Enterprise (MOGE).
It is reported that profit from the project will be shared by Total with 31.24 %, Unocal 28.26 %, PTTEP 25.5 % and MOGE 15 %.

Source: not available
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