PTTEP looks to Mideast, MalaysiaPTTEP is increasing gas production at its Erawan gas block in the Gulf of Thailand. SET-listed PTT Exploration and Production (PTTEP) plans to increase its petroleum production capacity in the Middle East and Malaysia to brace for the depletion of domestic gas and oil supply within a decade. With the gas volume in the country expected to decline, PTTEP plans to focus on petroleum exploration and production projects in Malaysia and the Middle East, said Mr Sumrid. The Lang Lebah project completed front-end engineering design in October and is expected to have its first gas production in the first half of 2028. PTTEP also operates a petroleum production business in Oman and the United Arab Emirates.

Source: Bangkok Post November 03, 2023 02:54 UTC