Union Minister for Energy U Ko Ko Lwin met Mr Montri Rawanchaikul, Chief Executive Officer of Thailand’s PTTEP International Limited, which is collaborating with the Ministry of Energy on joint projects, to discuss matters related to offshore operations currently under implementation in Myanmar. The meeting took place yesterday morning at the ministry’s guest hall in Nay Pyi Taw.

During the meeting, Mr Montri Rawanchaikul briefed the Union minister on the company’s plans to drill new wells in the declining Yadana and Zawtika offshore projects to increase natural gas output, as well as preparations to expedite the signing of necessary agreements for new offshore projects.

The Union minister urged efforts to commence natural gas production from the new wells at the Zawtika Project in early 2026 and to strive for the first gas extraction from the new Aung Thitsa Offshore Project in 2028, which aims to supply natural gas for domestic electricity generation. He also reaffirmed that the Ministry of Energy is coordinating the necessary measures to ensure the swift signing of agreements.

Furthermore, the Union minister highlighted investment opportunities in new offshore projects with robust guarantees and invited PTTEP to invest in LNG import, storage, and distribution projects through Kanpauk in Taninthayi Region, aimed at supplying natural gas to both domestic and Thai markets.

Also present at the meeting were the deputy minister, the permanent secretary, directors-general, managing directors, and senior officials from the Ministry of Energy, together with representatives from PTTEP International Limited.

MNA/KZL

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