Canadian Co. & Yadana Pipeline

[pwellner@xxxxxxxxxxx]

    BANGKOK, Jan 25 (Reuter) - State-owned Petroleum
Authority of Thailand (PTT) on Thursday awarded a $19.1
million consultancy project to Nova Gas International of
Canada and OGP Technical Services of Malaysia for its
Thai-Burmese gas pipeline. 

    Nova Gas International is a wholly-owned subsidiary of
Nova Corp <NVA.TO>. 

    PTT said in a statement the two firms would help it
acquire and build a 297-km pipeline from Burma's Yadana
offshore gas field to Thailand's west central province of
Ratchaburi. 

    The Thai national oil company said the 42-inch wide
pipeline, costing about $637 million, will carry natural gas
to power and industrial plants in central Thailand from
mid-1998. 

    It said PTT will invite gas pipeline supply bids in
March and select pipeline contractors around July this year.

    -- Bangkok newsroom (662)-2529950-3   

22:10 01-24-96