HoonSmart.com>> Board “Kolok Energy” approved the proposal of PTT. Cancellation of contracts to compress natural gas stations (Ban Na-Kaeng Khoi) ahead of schedule 9 years 1 month, receive compensation of 80 million baht
Sakol Energy Company Limited (SKE) disclosed the resolution of the Board of Directors’ meeting on 24 September 2021 approved the termination of the gas compression contract by the main private natural gas station. (Ban Na – Kaeng Khoi), Saraburi Province and related contracts Between the Company and PTT Company (PTT), which has the remaining contract period of approximately 9 years and 1 month (expired on October 14, 2030), consists of a natural gas compression contract by a private natural gas station No. No. PTT/KorThor.01/54 dated February 23, 2011 and the contract amending the contract for gas compression by private natural gas station No. 1 dated June 13, 2012
However, in the cancellation of the contract for compressing natural gas The Company agrees to accept PTT’s offer to pay the investment remuneration (AP) for the remaining term of the contract. in the amount of 80 million baht (according to the present value at the end of 2020). to be deducted from the compensation according to the said offer
