PTTEP to Repair Gas Pipe in Myanmar by 2 Weeks, Saying No Explosion at Site

PTT Exploration and Production Public Company Limited (SET: PTTEP) stated that it has been informed by PTTEP International Limited (PTTEPI), Yangon Branch, a wholly-owned subsidiary of PTTEP, that in the morning of 1 August 2022, there was a leakage at the Zawtika’s onshore pipeline, resulted in the gas pressure drop. To ensure operational safety, PTTEPI has promptly isolated the gas pipeline and temporarily suspended gas delivery from the Zawtika Project to Thailand. The preliminary investigation found no trace of explosion or fire. Further investigation on the cause of the leakage is underway. PTTEPI is accelerating the pipeline repairment which is expected to complete in around 2 weeks.