Thailand’s state-owned PTT Trading signing a US$600 million oil-backed contract with PetroEcuador


Ashurst acted for PTT Trading, the trading arm of Thailand’s leading state-owned energy firm PTT, as buyer on a five-year US$600 million oil-backed contract with PetroEcuador, Ecuador’s state-run oil company.

Previously, Ashurst has also acted for PTT Trading on its first US$2.5 billion oil-backed contract with PetroEcuador in July 2015.

The Ashurst team was led by counsel Jean Woo, supported by partner Philip Thomson (picture), senior associate Jessica Ham and associate Harriet Gray.

Involved fees earner: Philip Thomson – Ashurst; Harriet Gray – Ashurst; Jean Woo – Ashurst; Jessica Ham – Ashurst;

Law Firms: Ashurst;

Clients: PTT Trading;