PTT Tank allots B1.28bn for LPG capacity | Bangkok Post: business

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PTT Tank allots B1.28bn for LPG capacity

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  • Newspaper section: Business
  • Writer: Pavitri Burathaworn
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Rayong: PTT Tank Terminal Co, wholly owned by oil and gas conglomerate PTT Plc, plans to spend 1.28 billion baht to increase capacity and handle shipments of liquefied petroleum gas (LPG) of up to 1 million tonnes a year. 

The project, which was granted Board of Investment (BoI) privileges yesterday, is located in Rayong's Map Ta Phut Industrial Estate.

The company has a single LPG terminal on the Eastern Seaboard, inadequate to handle increasing LPG shipments, the BoI said in a statement.

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