Recent reports have emerged that Thailand’s largest energy company, PTT, is considering opening an oil-trading office in London. The move would further the company’s expansion into overseas markets and allowing greater round-the-clock trading.
No timescales have been provided by PTT, which has its expansion already underway in Singapore and Dubai, where it has trading companies, and China and Indonesia, where it has offices.
PTT is state owned and is involved in petrochemicals, electricity generation, and oil and gas exploration and production.
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