Press Releases

PTTEP signs the Letter of Agreement in the Vietnam Block B & 48/95 and Block 52/97 project

6 Sep 2017

Somporn Vongvuthipornchai, President and Chief Executive Officer of PTT Exploration and Production Public Company Limited (PTTEP) together with partners in the Vietnam Block B & 48/95 and Block 52/97 project in Vietnam signed the Letter of Agreement of the Wellhead Gas Price and Transportation Tariff of the project. The agreement will enable the finalization of relevant commercial agreements across the gas value chain.

The achievement marks a significant milestone towards making a Final Investment Decision of the project. The signing ceremony was held in Hanoi, Vietnam.

Photo shows (from left): Dr. Nguyen Tien Long, Vice President of Petrovietnam Exploration Production Corporation (PVEP); Mr. Mitsuo Hidaka, President and Chief Executive Officer of Mitsui Oil Exploration Company Limited (MOECO); Mr. Nguyen Vu Truong Son, Acting Chairman of the Board of Directors, and President and CEO of Petrovietnam; Mr. Nguyen Sinh Khang, Vice President of Petrovietnam (PVN); and Mr. Somporn are signing the Letter of Agreement.

For more information, please contact Media Management Section
Tongchit Pongorapin  Tel. +66 (0) 2537 4587          
Nalin Viboonchart  Tel. +66 (0) 2537 4834
E-mail: PTTEPCorpCom@pttep.com


The information, statements, forecasts and projections contained herein reflect the Company’s current views with respect to future events and financial performance.   These views are based on assumptions subject to various risks.   No assurance is given that these future events will occur, or that the Company’s future assumptions are correct.   Actual results may differ materially from those projected.