PTTEP Operations Overview
PTTEP's Directions and Long-Term Targets
•
•
.
Sustainable E&P Business
Execute & Expand
Production CAGR 5% in 2030,
maintain @700 KBOED after 2030
• R/P> 5 years
⚫ Unit Cost < 25 $/BOE
GHG emission intensity
reduced by 25% in 2030
• PTTEP's visibility as
"Guardian of the Ocean"
Diversification to
non-E&P
• Net Income contribution 20% by
2030
•
Resources
Preparedness
Resilient organization for
both E&P and non-E&P
Strategy:
Domestic gas sales to ensure gas
supply continuity
Cost competitiveness of oil projects
in Thailand & Malaysia
Resources monetization of
exploration and development assets
"Go for Gas" growth in TMM & ME
New LNG investment shift to
medium-long term
Strategy:
GHG reduction initiatives e.g.
CCS in Thailand & Malaysia
Ocean for life initiatives e.g.
Ocean data platform, Rig to reef,
CSR around ocean
Strategy:
ARV superior growth
Power Business in Vietnam /
Myanmar
In-house Tech Commercialization,
CCU, Hydrogen
H2
02
ENERGY
2 STORAGE
Strategy:
Efficient human resources and
funding plan
Spin-off non-E&P businesses
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PTTEP
Energy Partner of ChoiceView entire presentation