PTTEP allots $21.2bn to 5-year strategy

Quick Summary:

PTT Exploration and Production Plc (PTTEP) is preparing to allocate a budget of US$21.2 billion to fuel its core business and support decarbonisation plans over the next five years.

An increase in domestic gas supply helps the country depend less on the import of costly liquefied natural gas (LNG), which will result in cheaper electricity bills.

A total budget of $77 million will be allocated for emission reduction activities in 2025, said Ms Chanamas.

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Article Details

Category: EconomyBusiness

Markets: ThailandMalaysiaOman

Topics: Support Chanamas 2029 Exploration Petroleum Pttep Business Budget 2025 Thailand Production

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 04:48:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 24589587

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Official Website: bangkokpost.com

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