Equity Analysis /
Thailand

TH : Oil & Gas - Overall - Ripple effects of soaring LNG prices

    CGS-CIMB
    20 January 2021
    Published byCGS-CIMB

    PTT is likely to cut spot LNG orders and buy more gas from PTTEP. Thai refiners may benefit from rising LSFO crack spreads. PTTGC should regain its feedstock cost advantage over naphtha crackers.