Five-Year Plan and Financial Outlook
Five-Year Plan: Sales Volume
Maximize value of existing assets, accelerate G1/G2 transitions & maintain key milestones for key projects
Figures have not yet reflected Oman block 61
PTTEP
In KBOED
CAGR +6%
466
500
462
436
446
Rest of World
400
354
375
Other SEA
300
Sales Volume
200
100
Thailand &
MTJDA
0
2020
2021
2022
2023
2024
2025
In MMUSD
6,000
5,617
4,779
4,934
686
4,196
34
73
4,111
OPEX
63
62
(Decommissioning)
4,000
2,900
1,896
1,771
1,778
OPEX
1,545
Investment
30
1,710
554
768
819
493
2,000
1,480
481
233
2,481
2,095
2,206
2,264
1,858
1,157
(exclude decommissioning)
CAPEX
(Dev & Pre-sanction projects (3)
CAPEX
(Producing projects (4))
5 Years (2021-2025)
2020
2021
2022
2023
2024
2025
CAPEX
14,020
OPEX
TOTAL
9,617
23,637
Key Project Start-up
Block H: 1H
Capacity 270 MMSCFD
Algeria HBR (phase I): 2H
Capacity 10-13 KBPD
G1/61: April (2)
Capacity 800 MMSCFD
G2/61: April (2)
Capacity 200 MMSCFD
25
G2/61: March
Capacity 700 MMSCFD
(2)
Mozambique LNG: 1H
Capacity 13 MTPA
Algeria HBR
(Full phase): 2H
SK410B
(1)
Southwest Vietnam: 2H (1) Capacity 50-60 KBPD Initial Capacity 600-800 MMSCFD
Capacity 490 MMSCFD
Note: (1) Subject to regulatory approval and FID timing (2) According to Production Sharing Contracts signed on 25 February 2019
(3) Development & Pre-sanction projects include Mozambique LNG, Algeria HBR, SK410B, and Southwest Vietnam (4) Includes exploration and appraisal in all projects and head office CAPEXView entire presentation