Thailand’s PTT secures sale of Rovuma natural gas

15 July 2014

Thai oil company PTT at the inauguration of its offices in Maputo that it was waiting for the launch of liquid natural gas production in Mozambique in order to import it to Thailand, Mozambican daily newspaper Notícias reported.

“By setting up this office in Mozambique we are showing our interest and commitment to invest in this country in the long term,” said the CEO of PTTEP, TevinVongvanich.

The PTTEP officials aid that he was certain that “the work to install facilities for gas liquefaction in the Rovuma may begin soon.”

PTT owns 8.5 percent of block 1 in the Rovuma basin, Anadarko Petroleum owns 8.5 percent, state company Empresa Nacional de Hidrocarbonetos (ENH) owns 15 percent and the remaining shares are in the hands of other companies from Japan and India.(macauhub/MZ)