10 July, 2013
Economy
The PTTEP of Thailand has found new natural gas deposit from three more test wells at an offshore block in Myanmar. The three test wells are yielding a total of 23.72 million cubic feet and 2,050 barrels of condensate per day, according to state media. PTTEP’s joint venture partner, the Myanmar Oil and Gas Enterprise (MOGE), said that the new deposits will mainly be reserved for domestic use.