Royal Thai Navy and PTT signed MoU of cooperation in energy development and investment at U-Tapao airport to support Thailand 4.0

Energy Press Releases Wednesday September 20, 2017 14:02
Bangkok--20 Sep--PTT

Early today (September 20, 2017) at Royal Thai Navy Headquarters (The Thonburi Palace)Bangkok, Adm. Na Areenich Commander-in-Chief of the Royal Thai Navy and Mr. Tevin Vongvanich, PTT President & Chief Executive Officer signed a Memorandum of Understanding (MoU) of cooperation in the development and investment in energy, fuel service and related business at U-Tapao airport. This MOU will support of the development of the Special Eastern Economic Corridor: Eastern Aviation in respond to Thailand 4.0 policy.

Adm.Na said that Thai cabinet resolution wanted to develop Rayong as a part of special economic zone under EEC project. U-Tapao airport, in charge by Royal Thai Navy, is not only important in part ofland and air transportation but also in a commercial area as well. Thus, the development of U-Tapao airport will help boosting the competitiveness of Thailand, increasing employment, income, economic growth, life quality. Finally, U-Tapao will bring success to Thailand 4.0 Policy.

Mr. Tevin stated that energy was the key to development U-Tapao airport. PTT is the state enterprise under Ministry of Energy with the mission to ensure long-term energy security for the nation. In addition, PTT is specialized in these field for 40 years, thus PTT ready to support this development. Our support in oil, gas and infrastructure and sustainability management will help promoting U-Tapao to be hub of Asian aviation, the place for Thai pride.


Latest Press Release

Sasol Reaches Beneficial Operation of New Alkoxylation Production Facility in China

Sasol Limited (JSE: SOL) (NYSE: SSL), a leading integrated chemicals and energy company, reached beneficial operation of its new alkoxylation plant in Nanjing, Jiangsu Province on 18 April 2019. "Sasol has successfully built the new facility by...

Kaneka Americas Holding, Inc. announces the creation of a new Biopolymers Division headquartered in Houston, Texas to start selling plant-based degradable plastic compounds in the United States

Kaneka Americas Holding, Inc. is proud to announce the creation of the new Biopolymers Division based in Houston. Kaneka's PHBH is a plant-based product that offers both flexibility and heat resistance. It is produced via a novel bio-fermentation process...

SC ASSET and BCPG launch Sun Share Project, the collaboration between the two leading companies in using blockchain to manage solar roof system for household consumption and electricity transaction for the first time at Neighbourhood Bangkadi.

SC ASSET and BCPG launch "Sun Share Project", the collaboration between the two leading companies in using blockchain to manage solar roof system for household consumption and electricity transaction for the first time at "Neighbourhood Bangkadi". The...

Sterlite Power Signs Concession Agreement for the Pampa Project in Rio Grande do Sul

Sterlite Power announced the signing of the Concession Agreement for batch 13, won in auction No. 04/2018. The Director General, ANEEL and authorities representing the Brazilian Government were present for the signing. The agreement was finalized during...

Sasol Officially Opens Another Coal Mine, Sustaining Jobs

Sasol has officially opened yet another colliery in its host province of Mpumalanga, where it beneficiates coal into high value fuel and chemical products at world scale. Meaning 'success' in isiZulu, Impumelelo is one of three world-class mines Sasol...

Related Topics