PTT to expand natural gas production in Burma.

(From The Nation (Thailand))

Byline: The Nation.

Executives of PTT and its exploration arm, PTT Exploration and Production (PTTEP), recently visited Burma to purchase natural gas.

They were also there to confirm interest in co-investing in gas-exploration blocks A1 and A3, after Daewoo International offered to sell part of its 60-per-cent stake in the concession.

"It's still uncertain whether PTTEP will win the bid for the stake," said PTT vice president Chitrapongse Kwangsukstith, adding that the blocks' reserves of natural gas were as high as 4 trillion to 5 trillion cubic feet per day and had attracted exploration companies from several …