Thailand Overview

TEP has reached a positive FID on Thailand’s first CCS project, which will store 1 million tpy at the Arthit gasfield from 2028.

PTTEP has acquired Chevron’s 50% stake in Block A-18 of the Malaysia-Thailand Joint Development Area for $450 million.

Glenfarne Alaska LNG has signed a 20-year deal with Thailand’s PTT for 2 million tpy from the Alaska LNG project

Valeura Energy has approved a USD 120-million plan to redevelop the Wassana field.