The Manila Times

PTT eyes acquisitio­n-based growth strategy for 2018

- JORDEENE B. LAGARE

- acquisitio­n-growth strategy this year backed by its ample cash and a stronger capital budget, a

“A gradual recovery in global oil oil and gas assets will provide ample opportunit­ies for PTT to

PTT will “deploy its ample cash and stronger capital budget to pursue its acquisitio­n- based growth strategy over the coming

BMI has maintained an upbeat outlook for PTT’s upstream busi

To pursue this growth strat intends to increase its capital budget for this year, with capital -

BMI also noted the chunk of - located to its projects in Thailand

- ing production licenses across and Malaysia, could pique the interest of PTT, with priority likely to be given to natural gas

In the Philippine­s, PTT Philip Danilo Alabado told reporters they

in airports outside the country, presence, mostly in Asia plus two in Australia,” Alabado said during the unveiling of PTT’s

fuel supply agreement amounting

At the same event, PTT Philippine­s Marketing Director Thitiroj Rergsumran also said they will open about 30 Jiffy stores and - is touted to be the most popular

will go back to Thailand to con the Philippine­s,” Rergsumra said

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