BUSINESS

Gulf acquires 40% of PTT Natural Gas

Business, Yuthana Praiwan, Published on 25/12/2020

» Gulf Energy Development Plc, Thailand's top private power producer by capacity, has acquired a 40% share of PTT Natural Gas Co, a gas distribution arm of PTT Group, at a cost of US$90 million (2.7 billion baht) to further expand its energy business.