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Thai Energy Firm Plans to Invest 85 Billion Baht over Five Years.
Feb. 6--PTT Exploration and Production Plc has earmarked 85.27 billion baht for investment and operational spending over the next five years, according to company president Chitrapongse Kwangsukstith.
Of the amount, 16.79 billion baht will be spent this year, 12.07 billion next year, 14.85 billion in 2004, 17.06 billion in 2005 and 24.49 billion in 2006.
He said the investment aimed to ensure smooth operation of existing projects.
The main focus would be on the Bongkot and Pailin fields, which accounted for about 46 percent of the total investment budget. The projects of which production would start in the future -- the Arthit and the Joint ...
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Source: HighBeam Research, Thai Energy Firm Plans to Invest 85 Billion Baht over Five Years.