By Abigail L. Ho
Inquirer (The Philippines)
STATE-OWNED Philippine National Oil Co. (PNOC) has been invited by the national oil companies of Myanmar and Cambodia to explore for oil and gas in their countries, an official said.
“There are very high chances of getting oil and gas there,” PNOC officer-in-charge Pedro Aquino Jr. said of Cambodia and Myanmar.
At a recent meeting of heads of national oil companies in the Association of Southeast Asian Nations, China, Japan and South Korea -- a grouping known as ASEAN+3 -- Cambodia National Petroleum said it was open to collaboration with its counterparts in the ASEAN region on developing oil and gas fields in Cambodia.
Similar interest in partnerships was expressed by China National Offshore Oil Corp. (CNOOC), Singapore Petroleum Corp., Petro Vietnam, and the Petroleum Authority of Thailand (PTT).
Aquino said CNOOC was exploring various business opportunities in the ASEAN region, inviting national oil companies to farm-in arrangements in service contract areas outside China.
Singapore Petroleum, which has interests in service areas in Vietnam, Cambodia, Myanmar and Indonesia, committed participation in other service areas for oil and gas development, Aquino said.
Petro Vietnam said it was willing to facilitate cooperation of national oil firms through joint projects, whether in Vietnam or in other places, he added.
PTT is also looking at areas outside Thailand for oil and gas exploration and production, he said.
Aquino said PNOC was open to oil and gas exploration in other countries and was itself looking at partnerships with its counterparts in the region, specifically on liquefied natural gas.
PNOC is seeking partners from the ASEAN+3 group for construction of an LNG terminal in the northwestern province of Bataan and two natural-gas pipeline projects that have been sidelined for several years now, he said.
Aquino invited national oil companies in the region to partner with PNOC in the Bataan LNG terminal project and in the Batangas-Manila (BatMan-1) and Bataan-Manila (BatMan-2) natural gas pipelines. With INQ7.net
“There are very high chances of getting oil and gas there,” PNOC officer-in-charge Pedro Aquino Jr. said of Cambodia and Myanmar.
At a recent meeting of heads of national oil companies in the Association of Southeast Asian Nations, China, Japan and South Korea -- a grouping known as ASEAN+3 -- Cambodia National Petroleum said it was open to collaboration with its counterparts in the ASEAN region on developing oil and gas fields in Cambodia.
Similar interest in partnerships was expressed by China National Offshore Oil Corp. (CNOOC), Singapore Petroleum Corp., Petro Vietnam, and the Petroleum Authority of Thailand (PTT).
Aquino said CNOOC was exploring various business opportunities in the ASEAN region, inviting national oil companies to farm-in arrangements in service contract areas outside China.
Singapore Petroleum, which has interests in service areas in Vietnam, Cambodia, Myanmar and Indonesia, committed participation in other service areas for oil and gas development, Aquino said.
Petro Vietnam said it was willing to facilitate cooperation of national oil firms through joint projects, whether in Vietnam or in other places, he added.
PTT is also looking at areas outside Thailand for oil and gas exploration and production, he said.
Aquino said PNOC was open to oil and gas exploration in other countries and was itself looking at partnerships with its counterparts in the region, specifically on liquefied natural gas.
PNOC is seeking partners from the ASEAN+3 group for construction of an LNG terminal in the northwestern province of Bataan and two natural-gas pipeline projects that have been sidelined for several years now, he said.
Aquino invited national oil companies in the region to partner with PNOC in the Bataan LNG terminal project and in the Batangas-Manila (BatMan-1) and Bataan-Manila (BatMan-2) natural gas pipelines. With INQ7.net
No comments:
Post a Comment