PTG Energy Plc, Thailand's second-largest fuel trader by sales volume, vows to increase its investment in the non-oil and gas business over the next five years to sustain growth in the long run.
According to chief executive Pitak Ratchakitprakarn, in the past the company used to splurge 60-70% of its annual investment budget to expand its oil business, but this year it will shift the lion's share of the budget to non-oil and new businesses, investing 2-2.5 billion baht and 1.5-2 billion baht, respectively.
