PTTEP to bid for Bongkot gas field

PTT Exploration and Production said on 1 June that it would cooperate with its partners to bid for the Bongkot gas field that it is currently operates, but indicated that it might not contest for the other major gas block currently run by US oil giant Chevron. “We are still confident that operation by the existing company will bode well for the continuity [of petroleum production].” The National Energy Policy Council chaired by Prime Minister Prayut Chan-o-cha resolved on 30 May for the government to put to bid the two major petroleum blocks whose concessions will expire in 2022-2023.

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