MARKETS

Thailand's PTTEP to spend US$32bn in five-year plan

Thailand's state-backed upstream player PTT Exploration and Production (PTTEP) will invest US$32.575 billion (A$48.6 billion) to boost oil and gas output at key projects in Southeast Asia and beyond between 2024 and 2028.

 PTTEP.jpg

PTTEP.jpg

The Thai company announced on Thursday that it will strengthen its petroleum exploration and production business, reduce greenhouse gas emissions, and expand into new businesses for the energy transition.  ...

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