Thai PTT joins Ratchaburi for coal plants, Myanmar LNG

BANGKOK, June 24 (Reuters) – Thailand’s largest energy firm PTT Pcl said it signed contracts with Ratchaburi Electricity Generating Pcl to jointly invest in a liquefied natural gas (LNG) terminal in Myanmar and power plants in Southeast Asia. The move is part of state-controlled PTT’s drive to strengthen energy security in Thailand, which uses natural […]

Thai utility Ratchaburi to invest $1.5 bln to boost capacity to 2023

* Plans 13 bln baht capital spending for 2015 * To study investment in 9 projects, mostly in Myanmar and SE Asia * Expects 2015 net profit of 5.2 bln baht, lower than 2014 (Adds investment plan through 2023, details) By Manunphattr Dhanananphorn BANGKOK, Feb 26 (Reuters) – Thailand’s largest private power producer, Ratchaburi Electricity […]

Thailand’s PTTEP Slips to 4Q Net Loss as Weak Oil Prices Weigh

BANGKOK, Jan 29 (Reuters) – PTT Exploration and Production PCL, Thailand’s largest oil and gas explorer, reported its first quarterly net loss in more than a decade, mainly due to higher impairment loss on assets after declines in global oil prices. PTTEP expected its sales volume to rise about 6 percent to 343,000 barrels of […]

Thailand’s PTT eyes third LNG terminal in Myanmar

BANGKOK – PTT PCL, Thailand’s biggest energy company, is looking to build a third liquefied natural gas (LNG) terminal in Myanmar to help secure energy supply in the Southeast Asian country, a senior executive said on Wednesday. LNG, gas chilled to liquid form so it shrinks and is easier to transport, is an important source […]