Thailand’s PTT is planning an investment of $100 billion over the next 10 years, Reuters reports. The company will spend 50% of the amount on foreign investment and the other half on petroleum exploration and production.
The energy group will invest nearly $33.46 billion in the next five years, including grants of over $13.38 billion for PTT Exploration and Production and more than $6.69 billion for its petrochemical and refinery operations. The company expects annual group revenue to reach $200 billion after 10 years.
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