PTT targets LNG portfolio of 15 million tonnes by 2035

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PTT has announced a strategy to cope with energy volatility by pushing its LNG business as a new growth engine, targeting an expansion of its LNG portfolio to 3.7 million tonnes by 2026, up from 1.75 million tonnes in the first half, and then to 10 million tonnes in 2030 and 15 million tonnes in 2035 respectively. Dr. Kongkrapan Intarajang, Chief Executive Officer and President, said PTT will diversify crude oil supply sources, increase flexibility across the supply chain, and seek investment opportunities both on the production side in the United States and in end-user markets in China, South Korea, and Europe. For its 2026 investment plan, PTT has prepared a budget of 28 billion baht, of which 10 billion baht was spent in the first half. The PTT Group targets investment of about 1 trillion baht over the next five years and has total cash flow of 425 billion baht. The board is expected to consider an interim dividend from first-half 2026 operating results this September.

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PTT targets LNG portfolio expansion to 15 million tonnes by 2035, boosting its LNG business as a growth engine.

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