economy
05 March 2021 – 20:49
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PTT negotiates natural gas producers in the Gulf of Thailand to increase production capacity to accommodate the Erawan field boundary
Mr. Atikom Terbsiri, Chief Operating Officer of the Upstream Petroleum and Gas Business Group, PTT Public Company Limited, revealed that PTT has monitored its progress in preparing the natural gas production plan of PTTEP. Energy Development Co., Ltd. (PTTEP), who is the recipient of the production sharing contract of the Erawan field. Following the former concessionaire Will start production of gas In April 2022, PTTEP found that PTTEP faced problems unable to enter the Erawan area and may affect the continuity of natural gas production for the country.
PTT realizes the importance of this problem. Along with coordinating the PTTEP company to closely monitor the situation of progress. With regard to the country’s energy security, PTT has negotiated with other natural gas producers in the Gulf of Thailand that have the potential to increase the production of renewable gas in order to reduce the impact on the energy costs of the country. Can be partially down
At the same time, PTT has prepared to expedite the construction of the new LNG Terminal to be ready for use by the second quarter of 2022, as well as preparing an import plan for liquefied natural gas (LNG) and products to replace the production capacity of Decreased gas separation plants if necessary to provide sufficient feedstock to the petrochemical industry in countries with continuous supply chains and generating substantial added value.
However, PTT hopes that all parties will cooperate in solving the problem as soon as possible. To continuously build the country’s energy security And try to minimize the impact that may occur on the public
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