Russia’s Gazprom Neft and Thailand’s PTT Public Company (PTT) have signed a Memorandum of Understanding (MoU) to work more closely in the oil and gas sphere.
The MoU was signed by Alexander Dyukov, CEO of Gazprom Neft, and Tevin Vongvanich, President of PTT.
The MoU covers potential collaboration in the exploration and production of hydrocarbons in Russia and other countries, the development and production of cat-cracking and hydrotreatment catalysts. Additionally, the companies will consider options for scientific collaboration in industrial safety.
Alexander Dyukov, CEO of Gazprom Neft, commented: “. This MoU confirms the commitment of both parties to further develop and intensify joint activities, and envisages the implementation of a wide range of mutually profitable projects. Additionally, for Gazprom Neft, the partnership with PTT presents an excellent opportunity to further expand our presence in the promising market of South-East Asia.”