PTTEP wins 35-year PSC for Block A-18-01 in Malaysia-Thailand joint development area
Reuters2026/09/14 09:57Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- PTT Exploration & Production secured a 35-year Production Sharing Contract for Block A-18-01 in the Malaysia-Thailand Joint Development Area.
- Contract runs retroactively from Jan. 1, 2026; PTTEP units hold 50% participating interest, shared equally with PETRONAS Carigali’s PC JDA.
- Block A-18-01 is estimated to produce 300-400 million cubic feet of gas per day, split equally between Thailand and Malaysia.
- Gas supplied to Thailand is expected to cover about 4% of national demand, supporting power generation in the country’s south.
- PTTEP targets operational synergies with adjacent Block B-17-01, with the two blocks producing about 700 million cubic feet per day.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PTT Exploration & Production pcl published the original content used to generate this news brief on September 14, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Amerant Bancorp launches senior notes offering due 2031
Reuters•2026/09/14 12:19
CoinShares Swings to H1 Loss, Revenue Falls
MT newswire•2026/09/14 12:18
VolitionRx prepays in full USD 7.5 million senior secured convertible note due 2027
Reuters•2026/09/14 12:17
Crypto prices
MoreBitcoin
BTC
$77,792.05
+1.33%
Ethereum
ETH
$2,511.7
+1.19%
Tether USDt
USDT
$0.9995
-0.02%
BNB
BNB
$721.89
+0.80%
XRP
XRP
$1.4
+4.13%
USDC
USDC
$0.9998
-0.01%
Solana
SOL
$101.49
+1.74%
TRON
TRX
$0.3402
-0.21%
Hyperliquid
HYPE
$80.33
+3.69%
Zcash
ZEC
$1,132.7
+3.66%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now