PTT Plc and its subsidiaries are preparing to conduct the feasibility study of an oil and gas complex in Mozambique.
Tevin Vongvanich, the chief executive of PTT Exploration and Production Plc (PTTEP), said the Mozambican government is welcoming foreign investors to develop the country's natural resources such as oil and gas, gems and fishery.
The southeastern African country plans to turn oil and gas resources into a major economic growth driver. To achieve that, it has to further develop the oil and gas industry.
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