Thailand's PTTEP Output to Rise in 2015

摘要

PTT Exploration and Production (PTTEP), Thailand's top oil and gas explorer, said on Friday that it expected 2015 petroleum output to rise 10% but said declining global crude prices will weigh on its earnings next year. PTTEP recently cut its 2014 production growth target to 8% from 10% as output at Montara oil field off Australia and Zawtika field in Myanmar was below target, CEO Tevin Vongvanich told reporters (IOD Aug.8'14).