PTTEP cuts petroleum sales, capex targets for 2015

摘要

Singapore-Thailand’s state-owned PTT Exploration and Production has cut its 2015 petroleum sales target and capital expenditure in the latest five-year (2015-2019) investment plan announced Tuesday. PTTEP has cut its 2015 sales target by 3.1% to 343,000 b/d of oil equivalent from 354,000 boe/d set in the previous five-year (2014-2018) investment plan and its capex by 17.3% to $3.07 billion from $3.71 billion in the previous plan.