Man, I thought for sure Miss Thai would win at least win the swimsuit competition.
Sounds like Gulf LNG short-list is at least 5 still.
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Thai giant undecided on PNG: exclusive |
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Blair Price
Monday, 29 April 2013
IN contrast to recent press reports and some industry buzz, Thailand’s PTT Exploration and Production (PTTEP) is undecided over making any investments in Papua New Guinea.
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Image courtesy of PTTEP Australia. |
There were some bold claims in Thailand’s press following the Thai government and business delegation visit to PNG last month.
According to the Bangkok Post at the time, PNG Prime Minister Peter O’Neill agreed to “grant natural gas concessions to the Thai private sector” during talks with the Thai PM.
“The decision applies especially to PTT Exploration and Production Plc, Thailand's sole oil and gas explorer,” the newspaper reported.
A Bangkok-based PTTEP spokesperson has more recently toldPNGIndustryNews.net that this report was incorrect.
His other comments might also cast doubts on whether PTTEP might have been one of the “national oil” companies that InterOil said was interested in buying a stake of its Elk-Antelope field in PNG.
“PTTEP has been offered many investment opportunities around the world,” the spokesperson said.
“However, up to now, PTTEP has no investment in Papua New Guinea and there is no board resolution for the investment in that country.”
It’s not yet clear what kind of petroleum-related investment PTTEP is considering in PNG.
A Thai government press release before the trip last month said a delegation would “explore investment opportunities in energy” in PNG.
Thai officials visited the under-construction LNG plant for the ExxonMobil-led PNG LNG project during the trip.
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