Thail company could delay projects in Malaysia and elsewhere due to oil price collapse

The company had set an investment budget of US$4.6 billion for 2020 with exploration plans in Malaysia and Myanmar. In February, it was granted an exploration concession in Oman with France's Total .

BANGKOK: Thai energy company PTT Exploration and Production Pcl could miss its sales target due to the oil price collapse and coronavirus outbreak, and is considering delaying some projects, it said on Thursday.

PTTEP, Thailand's largest oil and gas producer, has a sales target of 388,000 barrels of oil equivalent per day for the year. It said it could now miss that goal by up to 5%.