PTT secures supply contract to Lao company

Corporate March 02, 2012 00:00

By The Nation

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PTT Plc has secured a two-year contract to supply petroleum products to Lao State Fuel Company.

 According to Saran Rangkasiri, senior executive vice president of PTT, the contract is valued at Bt1.6 billion. Both also signed a memorandum of understanding for jet fuel service study.

 This contract would strengthen both companies' business, which covers Thailand, Laos and Cambodia, as well as expand PTT's brand awareness and products in Indochina, under the strategy to become the regional trop brand.

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