Thailand’s state-owned PTT Public Limited Company has announced plans to open its first retail fuel station in Myanmar in early 2020. The company will form a JV with the KBZ Group to set up the station. Besides, the two companies will build an oil product and LPG storage facility that will include a storage depot, logistics port and gas packing factory. Work on the hub, which will be able to store up to 1 million barrels of oil and 4,500 tonnes of LPG, is slated for completion within a year.
