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Saturday, May 4, 2024

PTTEP to boost gas production to avoid new price shock

PTTEP’s Bongkot field in the Gulf of Thailand (Photo: PTTEP)

Thailand’s largest natural gas producer is ramping up output to avoid a renewed power crisis.

State-controlled PTT Exploration and Production (PTTEP) Public Company Limited plans to double gas production at Erawan, its biggest field, to 800 million cubic feet a day in early 2024, said Chief Executive Officer Montri Rawanchaikul.

Output at Bongkok, its second-largest, will be raised by about 10% next year,…

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