Tag Archives | PTT

PTT expects investment boost from price float

The energy price restructuring approved by the National Energy Policy Council last week, which will see prices gradually floated, will benefit PTT and encourage the company to extend gas pipelines and boost the number of NGV stations to ensure sufficient supply for customers. A source at the Energy Ministry said PTT was expected to post […]

Continue Reading · 0

PTT chief on value quest

Pailin Chuchottaworn, the new president and chief executive of PTT Plc, has vowed to steer the national oil flagship further toward advanced technology, high-value and green products. “We will no longer stress commodity-grade production. Technology will be put into every product we sell.This will make higher selling prices and greater profit possible,” said Mr Pailin, […]

Continue Reading · 0

PTT diversifies to energy-maintenance services

PTT has diversified into energy-maintenance services through a joint venture with a GE Energy subsidiary, Granite Service International. “PTT has no intention to be the operator of a large power plant like the Electricity Generating Authority of Thailand, but we will focus on power maintenance services for industrial plants or oil rig platforms,” PTT president […]

Continue Reading · 0

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.

Continue Reading ·

PTT’s Bt2.3b plan to overcome delays

PTT will increase the reception capacity of its liquefied-petroleum-gas depot in Chon Buri at a cost of Bt2.3b if its sixth gas-separation plant cannot commence commercial operations within six months. However, executive vice president Nattachart Jaruchinda said if the sixth plant could begin commercial operations sooner, the company would use a floating terminal in the meantime, costing Bt1m a […]

Continue Reading ·