Muscat – Thailand’s state-owned energy company PTT has signed an agreement to purchase 5mn barrels of Oman crude oil during the first half of next year.
In a statement, PTT said its international trading business unit has signed the sale and purchase agreement with PTTEP Oman E&P Corporation and PTTEP MENA Limited for a total 5mn barrels of Oman crude oil delivery from January to June 2022.
Auttapol Rerkpiboon, president and chief executive officer of PTT, presided over the signing ceremony between PTT and PTTEP Oman E&P Corporation (POC) and PTTEP MENA Limited.
The contract has been signed by Disathat Panyarachun, senior executive vice president, International Trading Business Unit, PTT, and Montri Rawanchaikul, chief executive officer of PTTEP. Kris Imsang, chief operating officer – Downstream Petroleum Business Group, PTT, also witnessed the signing ceremony.
Panyarachun…
