BANGKOK, 14 September 2012 (NNT) – The PTT Public Company Limited is looking to invest 800 million baht in energy business expansion in Cambodia and Laos in the next five years.

The PTT planned to open 4-5 more gas stations in Laos and Cambodia each. The Thai energy giant already has 14 gas stations and 3 oil reserves in Cambodia. The new move is set to promote ‘PTT’ as a premium brand in the ASEAN region.

The company expected that the retail oil business in Cambodia will familiarize the PTT with doing business in the neighboring country before it invests more in the future.

Read more: NNT