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PTT eyes overseas coal

PTT Plc, Thailand’s largest energy company, aims to raise the annual revenue from its overseas coal business to US$500-600m by 2014. Prospects for local business growth have dimmed due to environmental concerns, said Chitrapongse Kwangsukstith,acting president of PTT International. The group has explored business opportunities in Madagascar and Brunei in addition to existing coal operations in Indonesia, he said.

ThaiVest Editorial Team