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Wednesday, May 15, 2024

Ukraine crisis won’t threaten energy supplies

PTT: Ukraine crisis won’t threaten energy supplies

Company prepared to step up imports and reserves to ensure economic activity won’t be affected

PTT owns an LNG receiving terminal at Map Ta Phut in Rayong. The company says it is prepared to buy more liquefied natural gas in the spot market if needed to ensure energy security. (PTT Photo)

The national oil and gas conglomerate PTT Plc has assured that the country will have sufficient energy to support economic activity in the face of possible impact from the Russian invasion of Ukraine.

PTT Group has been closely monitoring events and is prepared to increase both crude and refined oil supplies as needed, chief executive Auttapol Rerkpiboon said in a statement released on Friday.

The company, he said, has…

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