Marubeni - Itocha Joint Venture Chosen to Build PTT Pipeline

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Marubeni - Itocha Joint Venture Chosen to Build PTT Pipeline

Mon, 01/23/2017 - 10:16
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Marubeni - Itocha Joint Venture Chosen to Build PTT Pipeline
Marubeni - Itocha Joint Venture Chosen to Build PTT Pipeline

PTT, Thailand's largest energy company, has selected a Marubeni / Itochu joint venture to construct a 430 km natural gas pipeline in Thailand.

Chavalit Punthong, chief operation officer of Infrastructure and Sustainability Management Group, said the pipeline will stretch from Rayong to Nonthaburi, just north of the capital Bangkok.

The pipeline project is expected to cost 99 billion baht ($2.8 billion) and will be completed by 2020.

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