PROJECT PERFORMANCE AUDIT REPORT

ASIAN DEVELOPMENT BANK PPA: THA 26347 PROJECT PERFORMANCE AUDIT REPORT ON THE SECOND ERAWAN GAS TRANSMISSION PROJECT (Loan 1276-THA) IN THAILAND June 2001 CURRENCY EQUIVALENTS Currency Unit – Baht (B) At Appraisal At Project Completion At Operations Evaluation (31 Oct 1993) (7 Aug 1997) (12 Feb 2001) B1.00 = $0.03971 = $0.03163 = $0.02329 $1.00 = B25.18 = B31.618 = B42.93 ABBREVIATIONS ADB – Asian Development Bank DMR – Department of Mineral Resources EGAT – Electricity Generating Authority EIB – European Investment Bank EIRR – economic internal rate of return EXIM – Export-Import FIRR – financial internal rate of return km – kilometer MMCFD – million cubic feet per day OEM – Operations Evaluation Mission OEPP – Office of Environmental Policy and Planning PCR – project completion report PIO – project implementation office PPAR – project performance audit report PTT – Petroleum Authority of Thailand RRP – report ad recommendation of the President SCADA – supervisory control and data acquisition TA – technical assistance TPA – third-party access WB – World Bank NOTES In this report, "$" refers to US dollars. Operations Evaluation Department, PE-568 CONTENTS Page BASIC DATA 4 EXECUTIVE SUMMARY 5 MAP I. BACKGROUND 8 A. Rationale B. Formulation 8 C. Purpose and Outputs D. Cost, Financing, and ...