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  • August 30, 2014

    Without proper energy plan, power bill could double in seven years

    ... price of locally produced natural gas, which was about US$8 per million British thermal units at the end of last year. The prices of LNG that PTT imported from Qatar last year were between $15 and $16 per million BTU, said Kurujit, who was appointed to PTT's board of directors on July 1. Speaking to reporters...

    Business
  • August 30, 2014

    News feed

    ... cover mainly crude oil, the specification of which does not match local refiners' demand and Thailand's environmental standards, he added. PTT Group, which owns the country's largest refiners, has been under heavy attack. Many Thais, mostly social-network users, have expressed the view that petroleum...

    Business
  • August 30, 2014

    Monk to hold second round of talks on energy sector reform next month

    ... a more productive outcome. The last forum was held at the Army Club and resulted in a heated debate between Petroleum Authority of Thailand (PTT Plc) executives and technocrats on the one hand and energy reform advocates on the other. They obviously did not trust one another and hence failed to achieve...

    Politics
  • August 29, 2014

    Franchises target AEC

    .... For this year, it plans to add 20 outlets in the domestic market. It is negotiating with Central and The Mall department stores, as well as PTT petrol stations, to host its branches. The firm has formed a research and development team to design products and packaging. Saward Mitaree, president...

    Business
  • August 29, 2014

    Thailand mulls action to halt petroleum exports

    ... activities cover mainly crude oil of which specification does not match local refinersโ demand and Thailandโ s environmental standards. PTT Group which owns the countryโ s biggest refiners in Thailand has been under heavy attacks. Many Thais, mostly social network users, expressed that petroleum...

    Business
  • August 29, 2014

    Energy: Renewable Energy

    ... and excise tax and a diesel price raise through an increase of excise tax. This will affect the government sector, while the refinery sector and PTT group will continue selling oil based on global price. The NCPO has approved the oil price restructuring, as part of the formerly announced...

    Business
  • August 28, 2014

    Energy reform debate ends in stalemate

    ...," said energy reform advocate Veera Somkwamkid, who was released just last week from detention over his energy campaign. Top executives from PTT, Chevron (Thailand) and Bangchak Petroleum were on the receiving end and often subjected to questions and accused of placing their benefits above public interests...

    Politics
  • August 28, 2014

    Time for talking is over

    ... in the country's energy sector are the focus of a profound disagreement between two factions, especially regarding proposed changes to energy giant PTT Plc. Prayuth and his government should make it clear that the concerns and proposals of all factions will be addressed thoroughly and without bias. ...

    Opinion
  • August 28, 2014

    PTT

    PTT Plc We arranged an exclusive lunch meeting with top PTT management led by Dr Pailin Chuchottaworn, President and Chief Executive Officer, and four other executives. The presented PTT's business strategy and their assessment of the impact of energy reform, including the spin-off of the gas...

    Business
  • August 27, 2014

    Rift over energy reform

    ... Council for Peace and Order (NCPO), in opting for a member of the old establishment - former energy minister Piyasvasti Amranand - to chair the PTT board and oversee the sector, sent out a signal that energy reform would be approached with a focus on liberalisation and market forces. On the other...

    Politics