PTT pivots to LNG trading as Middle East turmoil drives price volatility

Thai state-backed group seeks profit, energy security gains on expanded gas portfolio

PTT CEO Kongkrapan Intarajang speaks at a news conference on May 20 in Bangkok as the state energy group shifts toward LNG trading to tap rising price volatility in global markets. (Photo by Apornrath Phoonphongphiphat)

BANGKOK -- Thailand's PTT is stepping up its push into liquefied natural gas trading, seeking to capture profits from rising price volatility as geopolitical tensions in the Middle East disrupt global energy markets.