In addition to high-efficiency, low-emissions (‘HELE’) power and renewable energy, potential areas for new investment will now include ‘unconventional’ upstream gas production, energy supply chain management and smart energy systems.

“Our move into solar photovoltaic power in Japan – and now into shale gas in the US – are our first steps towards achieving this transformation,” said CEO Somruedee Chaimongkol. “These investments put Banpu directly into the mainstream of the global energy revolution. We envisage Banpu evolving into a new kind of energy player: an Integrated Energy Supplier, fostering both vertical and horizontal supply-chain synergies. It is only by managing the supply chain from upstream to downstream that we can ensure reliability of supply, continuous innovation, minimum socio-environmental impact and maximum economic synergy: the key building blocks for sustainability.”