Rayong 9 Oct. – PTT reveals the Israel-Hamas war. Does not affect oil in Thailand This is because the conflict area is not an oil producing area. Confirming that there are sufficient gas and oil reserves.
Mr. Atthaphon Rerkpiboon, Chief Executive Officer and President of PTT Public Company Limited, revealed that the conflict situation between Israel and Hamas group Does not affect the world’s oil supply. This is because the conflict area is not an oil producing area. But it will have an effect on psychology. This caused the price of crude oil in the world market to rise by 3-4 USD per barrel. But recently it has come down somewhat. The price is still higher than before the war by about 2 USD per barrel. PTT views that if the situation does not prolong from what it is, it is considered that there should be no need to worry at all. At the same time, PTT has prepared to take care of the infrastructure. Energy reserves in both gas and oil, so people do not have to worry that Thailand will not have enough power.
“As for the possibility of the worst case scenario, it is not high. However, PTT has a global trading business, giving it access to oil production sites around the world. Therefore, if there are problems in some areas, such as the Middle East, you can still bring enough oil from other sources to use in the country. We ask the people to relieve their worries,” Mr. Atthaphon said. – Thai News Agency
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2023-10-09 10:36:00
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