Move aims to avoid paying possible fine
PUBLISHED : 19 Jan 2024 at 06:37
PTT Exploration and Production Plc (PTTEP) is accelerating gas production at its Erawan gas block in the Gulf of Thailand to avoid paying a fine if it fails to deliver the amount required by a contract signed with PTT Plc, the country’s sole gas seller.
“We are confident we will not have to pay for a shortfall of gas,”…