Petronas Carigali and PTTEP announced that their respective units have received approval the governments of Malaysia and Thailand, for the new Production Sharing Contract for Block A-18-01 in the MalaysiaThailand Joint Development Area (MTJDA).
The parties also signed a Gas Sales Agreement with Petroliam Nasional Berhad and PTT Public Company Limited, supporting the continued supply of natural gas from the block to both countries.
The exchange marks the culmination of extensive collaboration among the Malaysia-Thailand Joint Authority (MTJA), Petronas’ PC JDA and Thailand’s PTTEP JDX to establish a new contractual framework linking the continued development of the existing Block A-18 (beyond the expiry of the current PSC on 20 April 2029) while incorporating an adjacent exploration area with an additional resource potential under the new PSC.
With a 35-year term commencing from 1 January 2026, the new PSC for Block A-18-01 encompasses both the existing Block A-18 area and the additional new area, providing an integrated platform to sustain production, unlock further resource potential and optimise the block’s long-term development.
Spanning approximately 7,250 square kilometres, the MTJDA comprises Blocks A-18-01 and B-17-01, which have a combined natural gas production capacity of approximately 700 million standard cubic feet per day with equal distribution to Malaysia and Thailand.
Block A-18-01 comprises the Cakerawala, Bumi, Suriya, Bulan, South Bulan, Senja, East Bumi, Samudra and Wira gas fields, including the open area. Meanwhile,Block B-17-01 comprises the Muda, Tapi, Tanjung, Amarit, Jengka, Melati and Andalas gas fields.
