Thai Firm Takes Over Myanmar Gas Field After Withdrawal of Chevron, Total
Thai energy company PTTEP has said it will take over the running of Myanmar’s vital Yadana gas field following the withdrawal of global giants Chevron and TotalEnergies in January.
B.Grimm hails first private import of LNG
B.Grimm Power Plc (BGRIM) has become the first private company to procure liquefied natural gas (LNG) for Thailand, following an agreement with national oil and gas conglomerate PTT Plc to use its LNG receiving and regasification facility in Rayong.
More relief due from energy prices
More measures aimed at relieving the impact of rising energy prices are expected to be announced by state agencies this week as the 1.5-trillion-baht fund for Covid-19 relief schemes is running low.
Thailand confirms LPG hike as govt scrambles to soften impact of soaring energy prices
Prime Minister Gen Prayut Chan-o-cha has ordered government agencies to find ways of softening impacts on the public of soaring energy prices and present them at Tuesday’s Cabinet meeting.
Thailand must accelerate to low-carbon economy to tap climate finance riches: Minister
Thailand must accelerate its transition to a low-carbon economy in all sectors to turn the Covid-19 crisis into an opportunity for growth, Natural Resources and Environment Minister Varawut Silpa-archa told a conference on Monday.
New subsidies to relieve cooking gas, benzene expenses hit snag
On Monday, Finance Minister Arkhom Termpittayapaisith said the ministry is considering which budget to use to raise the cooking gas subsidy from Bt45 to Bt100 for state welfare cardholders.
Thai PTTEP to operate Myanmar gas field after TotalEnergies exit
Thai oil and gas giant PTT Exploration and Production Pcl (PTTEP.BK) said on Monday it would take over operations of the Yadana gas field in Myanmar from July following the exit of France’s TotalEnergies (TTEF.PA).
Thailand to raise oil reserve
Thai oil companies have been ordered to extend the stockpiling of reserves from 60 to 70 days to ensure enough supply for domestic use amidst the global crisis due to the Russia-Ukraine tension, according to Thailand’s Ministry of Energy.
