(EnergyAsia, June 18, Thursday) — Thailand’s state energy firm, PTT, expects to report improved first-quarter results with oil prices now firmly recovered off their lows from last December. In the fourth quarter of 2008, PTT suffered a 22 billion baht loss. (US$1= 34baht). Oil prices have more than doubled since then as government stimulus measures…
THAILAND: State energy firm PTT eyes better result due to higher oil prices
Posted on June 17, 2009 by EnergyAsia