PTTEP sets up joint venture for Ghasha gas concession
PTT Exploration and Production has established a joint venture company for the Ghasha concession, which is expected to produce large volumes of gas.
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what happened
PTT Exploration and Production PCL, as reported by Reuters, said it has established a joint venture company to carry out the Ghasha concession project.
The company expects the concession to produce more than 1.8 billion standard cubic feet of gas per day, with additional long-term benefits also anticipated. The announcement did not give further details.
why it matters
The news concerns a long-term gas project, so its impact on current gas prices is likely to be limited. For PTTEP investors it signals future production growth, while for LNG and regional gas supply such projects matter over the medium term.
market impact
PTTEP and gas sector: future production growth is positive for the company and the regional gas market
tags
instruments
sources
- PTT Exploration And Production Establishes Joint Venture Company For Ghasha Concession Project — Reuters, 22 October 2026 at 16:44 UTC
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