Myanmar and Thailand: Forging Stronger Ties


Oil and Gas - Feb 20, 2017

Total's presence in Myanmar is making it possible to rise to the crucial challenge of increasing gas production and supplying Myanmar and neighboring Thailand with safer, less carbon-intensive energy.

Yadana is by far Myanmar's highest producing field and currently supplies enough gas to meet around 12% of Thailand's demand, making it the country's primary source of imports. The project also provided a model for the two gas developments that followed it, Yetagun and Zawtika, where production exports are governed by long-term contracts with state-owned PTT of Thailand. Yadana's production has therefore established an important, long-term economic link between Thailand and Myanmar. It has also served as a powerful driver for economic development in the two countries and for the regional integration of Myanmar, which had too long been isolated from Southeast Asia's assertive growth.


 

Source : Total

Published on Global Energy World: Feb 20, 2017

 

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