Thailand's PTT Venture picks stake in Malaysia LNG project for $500m

Thailand's PTT Venture picks stake in Malaysia LNG project for $500m

The logo of PTT is pictured at an exhibition hall in Bangkok, Thailand, May 12, 2016. REUTERS/Athit Perawongmetha

PTTEP, the exploration and production arm of Thailand’s oil and gas giant PTT Group, said on Thursday their liquefied natural gas (LNG) venture had taken a $500 million stake in a project with Malaysia’s Petronas.

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