PTT to press new ministry on sustainability

MONDAY, JULY 15, 2019
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National oil-and-gas conglomerate PTT Plc will discuss sustainable oil management with incoming Energy Minister Sontirat Sontijirawong, chief executive officer Chansin Treenuchagron has said on.

The discussion will focus on biodiesel, he added.
He will recommend the minister arrange a meeting of all stakeholders, including retailers, refinery operators, palm-oil makers and farmers, to work out a sustainable management plan.
PTT has also prepared information about its role and operations for the minister, Chansin said.
Chansin had earlier said the retail price of NGV should float in accordance with market demand because price subsidies would not be sustainable.