Sustainability

The E&P Portfolio is managed to transform PTTEP into a lower-carbon organization. New projects with an emphasis on natural gas and greenhouse gas intensity are factored into the investment decision-making process.

PTTEP will pursue the development of technology to reduce greenhouse gas emissions from the production process, in particular Carbon Capture and Storage which will dramatically reduce greenhouse gas emissions. The captured emissions will be injected and sequestrated in the reservoirs located in the Gulf of Thailand and Malaysia, marking the first of its kind in Thailand. Aside, PTTEP is studying technology for Carbon Capture and Utilization, to turn CO₂ into value-added products or future materials.

The company is also moving forward Zero Routine Flare initiative for new projects, by using technology to recover and utilize flare gas along with Carbon Capture and Storage (CCS). We will also aim to maximize the use of renewable energy i.e., solar and wind power and explore new forms of future energy such as Hydrogen for use at our operating sites.

PTTEP also focuses on emissions offsetting through the planting of trees in forests and mangroves (Carbon Removal Project) which will increase the natural carbon sink with the target to absorb more than 2 MMTCO₂ in 2050. Ocean for Life projects will be continuously conducted to improve the biodiversity abundance and marine ecosystems as healthy oceans and coastal ecosystems are the efficient sources of carbon sink.

PTTEP’s goal to achieve Net Zero Greenhouse Gas Emissions