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Malaysia Petroleum Firm Still Favours Pipeline with Thailand.
Byline: Yuthana Praiwan
Feb. 11--Petronas, Malaysia's state petroleum company, remains committed to supporting the construction of the Thailand-Malaysia gas pipeline although it has started an alternative plan to tap gas from Indonesia, according to a senior executive of PTT Plc, the Thai partner in the pipeline project.
Petronas had agreed to buy gas from the Natuna field in Indonesia as a substitute for supplies from the Joint Development Area (JDA), said Prasert Bunsumpun, senior executive vice-president for PTT's gas business group.
"However, Petronas confirmed it will support the Thailand-Malaysia project despite a two-year delay," he ...
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