Petronas has given Enra a letter of award to provide condensate storing and offloading services for the Yetagun gas field, off Myanmar.
The deal is between Petronas subsidiary PC Myanmar (Hong Kong) Ltd. (PCML), and Enra’s 60%-owned subsidiary, Enra SPM Sdn Bhd.
The award is for a four-year primary period with a total value of approximately US$48 million. The leasing period is estimated to begin upon the facilities being commissioned and delivered to PCML.
PCML operates the Yetagun field in the Andaman Sea off the coast of Myanmar.