The Bangkok-headquartered wing of state giant PTT is hoping to conclude the purchase of BG’s 22.2% stake in the field within months, Reuters quoted PTTEP chief executive Somporn Vongvuthipornchai as saying.
"We have already proposed an offer and it should be concluded in the first half," he told reporters.
Although not specifying an offer price, Reuters cited him as saying it could be lower than $1.2