Tags » PTT

PTT progresses plan for FSRU off Myanmar

PTT will forge ahead with its planned FSRU off neighbouring Myanmar following the signing of a landmark memorandum of understanding with state-owned Myanmar Oil & Gas Enterprise (MOGE).  17 more words

LNG

New chief named at PTT

PTTEP boss Tevin Vongvanich has been appointed chief executive of PTT, effective 9 Sep 2015. Tevin will have to revise the company’s long-term strategy and investment plan to prepare for importing more gas as domestic supplies are likely to run out in the next six to seven years while imports from neighbouring Myanmar are likely to decline.  15 more words

6. Corporate

This startup is looking to revolutionize lithium ion batteries

All eyes have been on Tesla’s planned massive battery factory, under construction just outside of Reno. But on the other side of the country, in Cambridge, Mass., you’ll find an undercover startup that’s been toiling away at a totally different way to design and make what company executives say is a better battery for the power grid and electric cars. 1,217 more words

Tech

PTT to cut on LNG purchases

PTT of Thailand could cut on buying LNG in the second half of 2015 as gas consumption is expected to be lower. Sources told Platts that gas consumption growth was lower than the expected 5% rise which cuts on PTT’s LNG requirements. 16 more words

4. LNG

Lese majeste farce continues

In an earlier post on Montri Sotangkul‘s fate, caught up in the future monarch’s purge of the royal household staff considered close to former wife Srirasmi, we predicted that, like the other couple of dozen similarly purged, Montri will plead guilty in order to avoid a lengthy trial and will get 4-5 years, reduced by half for the guilty plea. 351 more words

More palace cleansing

The massive effort by Crown Prince Vajiralongkorn to “cleanse” his palace of his former wife Srirasmi’s alleged associates and her relatives continues.

Montri Sotangkul, 53, … 345 more words

PTT to set up FSRU duo

Thailand’s PTT is reportedly planning construction of two floating storage and regasification units to provide stability to the country’s natural gas system. The two FSRU’s to be set up at two locations in Thailand will have a capacity of 3 mtpa each. 44 more words

4.4 LNG Re-gas / FSRU