14 October 2004 04:12 [Source: ICIS news]
SINGAPORE (CNI)--Thailand's PTT Gas has delayed the completion of a third pipeline transporting gas from the Arthit field in the Gulf of Thailand because of difficulties securing its steel requirements, a company official told CNI on Thursday.
Facing a limited gas supply and growing domestic demand, Thai gas end-users were hoping to secure the additional supply as soon as possible.
The new pipeline project was originally scheduled to be completed by 1 January 2006, but the new completion date has been pushed back by about three months to sometime in March, she said. Tight world steel supply had affected the construction industry across the board.
Thailand is now receiving gas from two pipelines in the Gulf of Thailand, and one pipeline from Myanmar. However, these pipelines are now running at maximum capacity.
PTT Gas, which monopolises the domestic gas supply and distribution, is a unit of PTT Plc.
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