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Gazprom and Thai oil and gas company PTT sign Memorandum of Understanding

May 18, 2016, 16:30

Alexey Miller, Chairman of the Gazprom Management Committee, and Tevin Vongvanich, President and Chief Executive Officer of the Thai state-owned company PTT, today signed in Saint Petersburg the Memorandum of Understanding on cooperation in the oil and gas industry.

The signing ceremony was held in the presence of Dmitry Medvedev, Prime Minister of the Russian Federation, and Prayut Chan-o-cha, Prime Minister of the Kingdom of Thailand.

A working meeting between Alexey Miller and Tevin Vongvanich also took place today. The parties addressed the potential avenues for cooperation. Among the topics discussed were the collaboration prospects for hydrocarbon development, joint LNG projects, LNG and LPG trading, and exchange of experience in the oil and gas industry.

Background

PTT is focused on hydrocarbon exploration, production, processing, transportation and marketing.

 

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