PTT positions natural gas as an energy source in the period of transition to decarbonization. (Photo by Nozomu Ogawa)
KOSUKE INOUE, Nikkei staff writer |
BANGKOK — Thailand’s state-owned energy company PTT Group is accelerating its shift to an environment-friendly business model.
PTT has a huge presence in the nation’s energy market and recently revealed a plan to spend some 100 billion baht ($2.86 billion) in the coming five years to increase liquefied natural gas (LNG) import stations and help produce electric vehicles. PTT’s strategic change is indispensable to the Thai government’s decarbonization goal.
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