Event
PTTEP participates in the 2nd Thailand Climate Action Conference (TCAC 2)
PTTEP participates in the 2nd Thailand Climate Action Conference (TCAC 2), held during 6–7 October 2023, at the Queen Sirikit National Convention Center.
During this conference, Mr. Montri Rawanchaikul, PTTEP CEO, delivers a presentation in a session on “Business Solutions for Carbon Neutrality,” where he discusses the progress made in the Carbon Capture and Storage (CCS) project development. CCS is the key technology to drive Thailand towards the goals of reaching carbon neutrality by 2050 and achieving net zero greenhouse gas emissions by 2065. PTTEP initiated the first CCS project study in Thailand at Arthit natural gas field in the Gulf of Thailand and formed a partnership within PTT Group to conduct a feasibility study under the concept of Eastern CCS Hub, starting off in PTT Group’s seaboard operational sites in Rayong and Chonburi provinces.
At the event, PTTEP showcases technologies that support net zero goal in the exhibition booths of the Ministry of Natural Resources and Environment and PTT Group. These technologies include the aforementioned CCS, as well as VARUNA Smart Forest by ARV (PTTEP’s subsidiary) which is a green area management solution that can calculate carbon credits and monitor changes.