How PTTEP slashed daily working capital needs by $150mln

Thailand’s petroleum giant tells CT how it centralised cash and liquidity management to cut down its minimal working capital requirement and support more investments.

By Ann Shi

Jun 2, 2015

linkedin facebook twitter

Driven by an aggressive expansion goal to double production volumes and sales volumes in five years, the Thailand’s national oil producer kicked off an ambitious treasury transformation project in mid-2013, which includes utilising treasury centre for liquidity and cash concentration as the first step.

Sign-in to access CorporateTreasurer content.

Please sign in to your subscription to unlock full access to our premium CT resources.

Free Registration & 7-Day Trial

Note: This free trial is a one-time offer. You are eligible for one free trial per year.

If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.

Questions?

If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Banks & Service Providers Cash & Liquidity Treasury Funding & Investment Strategy Moves Interviews Themes