PTT Plc announced a 1.01 trillion baht capital expenditure programme scheduled between 2026 and 2030, nearly doubling its previous investment budget. The plan prioritizes upstream oil and gas exploration, infrastructure projects (including the fifth onshore gas pipeline, south Bangkok-Pattani pipeline, gas separation unit 7, and the third phase of Map Ta Phut LNG terminal), and efficiency enhancements to reduce production costs. Despite volatile global markets, PTT emphasizes maintaining operational flexibility and competitive advantage while preserving cash reserves during price instability.
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