PTT 5-Year Plan: 1 Trillion Investment for LNG

Thansettakij•Economy•4d ago

Reader Briefing

PTT outlines a five-year plan involving a 1 trillion investment to promote 15 million tons of LNG and develop carbon reduction infrastructure.

•PTT is investing 1 trillion over 5 years to push 15 million tons of LNG.
•Thailand will host the Gastech 2026 event from September 14–17.
•PTT is developing a Carbon Capture and Storage (CCS) project at the Arthit gas field expected to operate in 2028.

•Natural gas is considered essential for maintaining energy system stability during the global and Thai transition to clean energy.
•PTT, the Ministry of Energy, and public-private partners will co-host Gastech 2026 from September 14–17 to exchange policy perspectives.
•PTT continues to seek global partners to strengthen flagship petrochemical and refining businesses.
•PTT is adjusting approaches for petrochemicals and refining due to instability in the Middle East and government intervention policies.
•PTT is serving as the national core for developing greenhouse gas reduction technology via a Carbon Capture and Storage (CCS) project at the Arthit gas field in the Gulf of Thailand.
•The Carbon Capture and Storage (CCS) project at the Arthit gas field is expected to begin operations in 2028.
•PTT is driving the I-SPARK pilot project to prepare clean energy and infrastructure for future industries and Thailand's economic growth.

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PTT(ปตท.)

An organization investing 1 trillion over 5 years in LNG and leading the development of carbon reduction infrastructure in Thailand.

Ministry of Energy(กระทรวงพลังงาน)ℹ️

A government body co-hosting the Gastech 2026 event.

Middle East(ตะวันออกกลาง)ℹ️

A region whose instability is a factor in PTT's business approach adjustments.

Arthit Gas Field Project(แหล่งก๊าซธรรมชาติโครงการอาทิตย์)

A gas field in the Gulf of Thailand where a Carbon Capture and Storage project will be implemented.

Gulf of Thailand(อ่าวไทย)ℹ️

The location of the Arthit gas field project.

Thailand(ประเทศไทย)ℹ️

The country transitioning to clean energy and hosting Gastech 2026.

I-SPARK

A pilot project to create readiness for clean energy and infrastructure for future industries.