Post by account_disabled on Jan 6, 2024 5:42:23 GMT
PTT CEO prepares to propose to the board on 20 June 2019 an adjustment to the 5-year investment budget, slightly increasing from the original plan of 167 billion baht. Focus on expanding investment both domestically and abroad. along with considering the appointment and transfer of senior executives and executives in the PTT Group as well Mr. Chansin Treenuchakorn, Chief Executive Officer and President of PTT Public Company Limited, revealed that the Board of Directors (PTT Board) on June 20, 2019 is preparing to consider adjusting the investment plan.
5 years (2019-2023) of PTT, a slight C Level Executive List increase from the original plan that set a total budget of 167 billion baht after the PTT Group Strategic Thinking Session STS 2019 CHANGE for the sustainable future held on June 14. .2019 past There will be increased investment expansion both domestically and abroad. In addition, the appointment and transfer of senior executives and executives in the PTT Group will also be considered. Previously, PTT informed the board of its original investment plan. PTT has approved a 5-year investment plan of 167 billion baht, divided into 2019 at 70 billion baht, 2020 at 46 billion baht, 2021 at 23 billion baht, and 2022. at 17 billion baht and in 2023 it will be at 9.4 billion baht.
Most of PTT's investments are investments in the natural gas business group. and joint ventures and investments in companies in which PTT holds 100% of shares, such as natural gas pipeline systems. Expansion of capacity to import liquefied natural gas (LNG), expansion of oil and retail businesses both domestically and abroad. In addition, PTT has prepared a future investment budget (Provision) of 187 billion baht, mainly for expanding core businesses such as LNG Value Chain and investing in new businesses that will be a new s-curve. of PTT in response to changes in technology consumer behavior Trends in the use of clean energy and national development strategies. These new businesses are currently undergoing feasibility studies.
5 years (2019-2023) of PTT, a slight C Level Executive List increase from the original plan that set a total budget of 167 billion baht after the PTT Group Strategic Thinking Session STS 2019 CHANGE for the sustainable future held on June 14. .2019 past There will be increased investment expansion both domestically and abroad. In addition, the appointment and transfer of senior executives and executives in the PTT Group will also be considered. Previously, PTT informed the board of its original investment plan. PTT has approved a 5-year investment plan of 167 billion baht, divided into 2019 at 70 billion baht, 2020 at 46 billion baht, 2021 at 23 billion baht, and 2022. at 17 billion baht and in 2023 it will be at 9.4 billion baht.
Most of PTT's investments are investments in the natural gas business group. and joint ventures and investments in companies in which PTT holds 100% of shares, such as natural gas pipeline systems. Expansion of capacity to import liquefied natural gas (LNG), expansion of oil and retail businesses both domestically and abroad. In addition, PTT has prepared a future investment budget (Provision) of 187 billion baht, mainly for expanding core businesses such as LNG Value Chain and investing in new businesses that will be a new s-curve. of PTT in response to changes in technology consumer behavior Trends in the use of clean energy and national development strategies. These new businesses are currently undergoing feasibility studies.