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

PTTEP divests its stake in Montara field in alignment with strategic plan

As part of portfolio rationalization, PTTEP announces the divestment of a 100% stake in the Montara field to align with the company's business strategy aimed to focus on the operations and projects in the strategic locations. Somporn Vongvuthipornchai,...

GCL System Integration Raises Guidance for 1H 2018 To RMB 20.41 million RMB 30.02 million

GCL System Integration (SZ: 002506) (GCL-SI), the world's leading provider of one-stop, cutting-edge, integrated energy systems, has revised its forecast for net profit attributable to shareholders in the first half of 2018 to between RMB 20.41 million...

Sterlite Power Wins 6 New Transmission Projects in Brazil

- The company emerges as the first Indian company to invest close to USD 2 bn in Brazilian power transmission sector - Projects entails 23 sub stations; 2,000 CKM of lines and 5,500 MVA of transformation capacity In the recently concluded auction for...

PTT Strives for an Advancement in Digital Workplace, Promoting Thailand 4.0 Policy

Today (12 July 2018) – Mr. Chansin Treenuchagron, Chief Technology and Engineering Officer, PTT Public Company Limited, presided over the launch of Power of Digital Transformation Scheme at PTT Head Office. Mr. Chansin had declared that in this...

Li Zhenguo: PV will be the cheapest power source in most parts of the world

On July 9, at the 9th Sino-German Economic and Technical Cooperation Forum held in Berlin, Germany, Li Zhenguo, President of LONGi Green Energy Technology Co., Ltd. (LONGi), a leading Chinese PV industry company, made a keynote speech for the Energy...

Related Topics