BANPU OPENS US OFFICE
Banpu Plc, an integrated energy solutions company in Thailand, recently inaugurated its field office in the shale gas production site in Tunkhannock, Pennsylvania.
Since 2016, Banpu has spent US$522 million (Bt16.4 billion) to expand its shale gas business in Pennsylvania.
Chief executive officer Somruedee Chaimongkol said the opening of the office marked a significant milestone for Banpu.
“By opening our field office in the US, Banpu is ready to grow yet again in the integrated energy solutions business. This office will facilitate us to manage our shale gas production sites as well as to look for investment opportunities to boost our energy resources portfolio,” she said. “We have set aside a budget $300 million for this year. Currently, shale gas is transmitted through pipelines to supply the domestic market in the US.”
