Thai state gas producer PTTEP in solid position

THAI national oil company and former owner of the Montara oilfield PTTEP remains confident of its “strong financial position” despite the global oil price collapse which saw Brent nosedive 60% in recent weeks.

Thai state gas producer PTTEP in solid position Thai state gas producer PTTEP in solid position Thai state gas producer PTTEP in solid position Thai state gas producer PTTEP in solid position Thai state gas producer PTTEP in solid position

 

In a statement last week, it said it was ready to adapt to the changing market and had high liquidity attributed to oil price hedging and long-term gas sales agreements.

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