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Article: Thai Energy Firm Eyes Expanding Global Portfolio in Iraq.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- January 5, 2004
CopyrightCOPYRIGHT 2004 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Boonsong Kositchotethana, Bangkok Post, Thailand Knight Ridder/Tribune Business News
Jan. 5--PTT Exploration & Production Plc (PTTEP) of Thailand is pondering opportunities to join with international energy concerns in a bid for a slice of Iraq's post-Saddam Hussein hydrocarbons businesses.
"We are keeping a keen eye on opportunities which may emerge in Iraq," said PTTEP president Maroot Mrigadat, noting the war-torn country is one of a number of Middle Eastern countries in which PTTEP is seeking to establish a presence to build up its global petroleum portfolio.
But given the current situation, Mr Maroot said that the Thai ...