PTT Exploration and Production Plc (PTTEP) plans to announce next month its move after the withdrawal of its partners -- Total Energies and Chevron Corp -- from the Yadana gas production project in Myanmar.
Orachon Ouiyamapun, senior vice-president of PTTEP's finance division, told investors yesterday the company only received a notification letter from France-based Total Energies, but has yet to receive one from US-based Chevron.
"Our executives are looking into this issue to decide on a next move. We plan to inform the public early next month," she said.