Thailand’s PTTEP and Italy’s Eni strike ‘significant gas discovery’ in UAE
Thailand’s PTTEP (BKK:PTTEP) has announced another “significant gas discovery” from its first exploration well in the United Arab Emirates (UAE), together with partner Eni (MIL:ENI) of Italy, that paves the way for “establishing a strong presence” in the Middle East nation.
Myanmar Pipeline Leak Disrupts Gas Delivery to Thailand
Onshore natural gas delivery from Myanmar to Thailand has been suspended after a leak in the pipeline was discovered in Dawei on the Myanmar side on Monday. Thailand’s PTT Exploration and Production Public Company Limited (PTTEP), which jointly drills and delivers gas under the project, confirmed the leakage and temporary suspension in a statement.
Fighting Thailand’s energy price wars
State energy subsidies have assumed a prominent role in the Thai economy since the start of the Russia-Ukraine war in February.
Cheniere and PTT Sign Long-Term LNG Sale and Purchase Agreement
HOUSTON–(BUSINESS WIRE)– Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced today that its wholly-owned subsidiary, Corpus Christi Liquefaction, LLC (“CCL”) has entered into a long-term liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with PTT Global LNG Company Limited (“PTTGL”), a wholly-owned subsidiary of PTT Public Company Limited (“PTT”), Thailand’s largest […]
Thai EV battery market heats up as key players jump in
BANGKOK: From a state-owned enterprise to a renewable energy startup, key players are jumping into Thailand’s electric vehicle battery market, driven by the government’s push to make the country a regional production hub for EVs and their components.
Thai SMEs urge government to postpone fuel tariff increase in September
The private sector has urged the government to postpone a fuel tariff increase in September to help alleviate financial burdens for businesses affected by rising fuel prices. Sangchai Theerakulwanich, president of the Federation of Thai SMEs, stated that authorities should find a way to set a ceiling for the fuel tariff to reduce the financial […]
Foxconn and PTT to build EV plant in Thailand
Horizon Plus, a joint venture between Foxconn and energy company PTT, will establish a new EV manufacturing plant that occupies an area in Thailand’s Eastern Economic Corridor.
Thai PM promises to accelerate Thailand’s electric vehicle future
The Thai PM wants to cement Thailand’s reputation as the biggest SE Asian hub for car manufacturing, and electric cars too. Currently Thailand is the world’s 10th largest manufacturer of vehicles (OICA 2021).
