PTT keeps Cambodia jet fuel gig

31 October 2013
Bangkok Post
Airports and air travel / Economy and commerce / Energy / Energy policy and administration / Extractive Industries / Extractive industries policy and administration / Government / Imports / Industries / International relations / Non-renewable energy production / Oil and gas resources / Oil transport / Phnom Penh / Siem Reap / Tourism / Trade / Trade policy and regulation / Transport and shipping / Transport and shipping policy and administration / Transport infrastructure and facilities
Auttapol Rerkpiboon / Phnom Penh International Airport / PTT Plc / Siem Reap International Airport / Thailand

PTT Plc, Thailand’s giant oil and gas conglomerate, has renewed its concession with the Cambodian government to provide jet fuel services for another five years at airports in Phnom Penh and Siem Reap. Senior executive vice-president Auttapol Rerkpiboon said PTT will provide jet fuel service at the two airports until 2018 as part of the group’s plan to expand its oil and gas business across Southeast Asia. Mr Auttapol said PTT updated its investment plan for the regional oil business, previously costing 2.45 billion baht for expansion from 2013-17. … The group is spending 450 million baht in Cambodia to expand its retail oil network to 50 stations from 15. ”Fuel demand in Cambodia has grown rapidly due to the expansion of tourism and investments in light industries,” said Mr Auttapol. …

 Bangkok Post News Staff
http://www.bangkokpost.com/business/news/377274/ptt-keeps-cambodia-jet-fuel-gig