BANGKOK, 19 February 2010 (NNT) – The Petroleum Authority of Thailand (PTT) will not propose a price increase in lubricants if the price of crude oil does not exceed 80 USD/barrel, according to the Manager of the Lubricant Division of PTT, Ratdej Kemthong. Mr Ratdej said from the prospects of economic recovery, the sales of [...]
BANGKOK, 13 February 2010 (NNT) – The PTT Plc is preparing for the closure of Myanmar’s Yadana gas field in March, alternating its supply base to the gas fields in the Gulf of Thailand. PTT Vice President for the gas business unit, Permsak Shevawattananon, said the Yadana gas field would be closed for two weeks [...]
BANGKOK, 26 January 2010 (NNT) – Domestic oil retailers will reduce oil prices by 40 Satang per liter in every product, except E85, from 27 January 2010 at 5.00 hrs onwards, following the global crude oil price decrease. The oil prices were adjusted in line with the reduction of crude price in the world market [...]
BANGKOK, 22 Januaryr 2010 (NNT) – The Bangchak Petroleum Public Company Limited and PTT Public Company Limited announced a decrease in retail prices of diesel B2 by 60 Satang per liter and diesel B5 by 40 Satang per liter, effective tomorrow from 05.00 hrs. As a result of the announcement, diesel B2 will be priced at [...]
BANGKOK, 15 January 2010 (NNT) – PTT Plc. is to merge the subsidiaries located in Rayong Province. The issue is expected to be approved by shareholders in April. President and CEO of PTT Plc, Prasert Bunsampan, cited the progress of the companies merger plan as the reason that the company was considering this direction. Primarily, [...]
BANGKOK, 6 January 2010 (NNT) – PTT Public Company Limited has appealed against a court order which has halted the operation of its projects located in the Map Ta Phut industrial estate. Mr. Auttapol Rerkpiboon, Executive Vice President for Corporate Communication & Social Responsibility of PTT Public Co., Ltd stated that the PTT Group and [...]
BANGKOK, 25 September 2009 (NNT) – PTT Plc and Bangchak Plc will reduce prices for all types of benzene and diesel by 60 and 50 satang per liter respectively except for Gasohol E85 from tomorrow 5.00 hrs onwards. The announcement will result in a price reduction of benzene 91 to 34.04 baht per liter. As [...]
BANGKOK, 17 September 2009 (NNT) – PTT has encouraged the government to increase the price of NGV in order to reflect real cost since the constant oil price rise has caused the company to shoulder the accumulating burden. PTT’s Exploration & Production and Gas Business Group Senior Executive Vice President Chitrapongse Kwangsukstith admitted potential obstacles [...]
BANGKOK, 21 August 2009 (NNT) – PTT Plc wins two achievements in the 2009 State Enterprises Awards in the most outstanding state enterprise and outstanding organizational leader categories. Finance Minister Korn Chatikavanij bestowed the awards to PTT President and CEO Prasert Bunsumpun today. The most outstanding state enterprise award is given to the organization with [...]
BANGKOK, 13 August 2009 (NNT) – The Department of Energy Business reported the possibility that by the middle of the next year Thailand might end its dependency on imported liquefied petroleum gas (LPG) and have all the nation’s natural gas demands supplied by new PTT production plants. Director-General of the Department of Energy Business Pheerapol [...]
