PTTEP Sets Record Budget in Pursuit of Growth

摘要

Thailand's PTT Exploration and Production (PTTEP) has announced its largest-ever spending plan, setting a $32.6 billion budget for2024-28. Capital spending accounts for 63.7 of the company's fi ve-year spending guidance as it seeks to raise production to strengthenThailand's energy security. PTTEP expects to produce a record 808,000 barrels of oil equivalent per day in 2028, with gas accounting for 75 of that total, afterthe company pushed back the projected startup of three large projects.