Company says improved gas supply from Gulf or Thailand will reduce need for costly LNG imports
PTT Exploration and Production Plc (PTTEP) expects gas production at the Erawan field in the Gulf of Thailand to increase to the normal level of 800 million metric standard cubic feet per day (MMSCFD) by April next year, as part of an effort to increase domestic gas supply and reduce electricity prices.
A drop in gas supply from the Gulf has led the country to import more costly liquefied…
