Thailand's PTTEP Plans Total Expenditure of $24.3B in 2015-2019

Reuters

BANGKOK, Dec 23 (Reuters) – Thailand's PTT Exploration and Production Pcl said on Tuesday it planned a total expenditure of $24.3 billion during 2015-2019, with $4.83 billion for 2015.

PTTEP said in a statement to the stock exchange that it has earmarked $15.86 billion for capital expenditure during the five years, with $3.07 billion in 2015.

The energy firm said it expected petroleum sales of 343,000 barrels of oil equivalent per day in 2015.

(Reporting by Viparat Jantraprap and Orathai Sriring; Editing by Prateek Chatterjee)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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