Thailand eyes more gas from Burma
Energy Minister Pichai Naripthaphan will include negotiations to increase supplies of natural gas on the agenda of Prime Minister Yingluck Shinawatra's visit to Burma on Oct 5.
“Burma has rich resources of natural gas. These onshore fields notably require lower investment than offshore fields. This is an opportunity for joint development for the economic prosperity of both countries,” he said yesterday.
Transmitting gas from Burma by pipeline costs less than hauling liquefied natural gas from the Middle East and Australia by sea, he added.
"Burma has rich resources of natural gas, These onshore fields notably require lower investment than offshore fields. This is an opportunity for joint development for economic prosperity of both countries," he said.
China, India, South Korea and Thailand are in stiff competition for gas supply from Burma. Thailand's latest deal with Burma was struck in 2010, for the supply from Bloc M9.
