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Thailand's PTT names new CEO to oversee LNG expansion

Auttapol beats out five other candidates to take top job

A PTT gas rig off the coast of Myanmar: The Thai energy group needs to import more LNG as its offshore reserves decline. (Photo courtesy of the company)

BANGKOK -- Thai state energy group PTT has promoted Auttapol Rerkpiboon to president and CEO, a position in which he will need to secure more natural gas imports to satisfy the nation's appetite.

Auttapol, now the chief operating officer for the companies refining a sales business, beat out five other candidates within the group. He will succeed Chansin Treenuchagron, who is to retire in May. PTT's board approved the decision on Dec. 19.

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