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Bangkok Post
Bangkok Post
Business

PTTEP to sell Australian gas field in 2023

PTT Exploration and Production Plc (PTTEP) is continuing to refocus its investments on new petroleum sites, with the latest plan to sell the Cash and Maple gas and condensate field in Australia.

This move would leave PTTEP with some small petroleum businesses in Australia.

Montri Rawanchaikul, chief executive and president of PTTEP, said the company expects to sell this asset in 2023, following an announcement several years ago.

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