PTTEP predicts slight slip in sales this year

August 9, 2023

Company ramping up Erawan gas output

PUBLISHED : 9 Aug 2023 at 05:20

Gas sales from the Bongkot gas field in the Gulf of Thailand are projected to drop this year, mainly due to a change in the way sales volume is calculated under a production sharing contract.

PTT Exploration and Production Plc (PTTEP) expects its total sales to slip 0.85% to 464 kilo barrels of oil equivalent per day (KBOED) in 2023, following a dip in the first half of the year, says…