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Thai coal miner Banpu invests in Pennsylvania shale gas field

Its US$500m commitment to Kalnin is a diversification strategy to include gas, renewable energy and power plants

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US exports of natural gas have climbed to a record as Asian buyers replace coal-fired power plants with gas generators.

Bangkok

A RELENTLESS flow of natural gas from America's shale basins is drawing bears to the market - and that is music to the ears of at least one Asia-backed investor.

Kalnin Ventures LLC - an investment company with funding from Thailand's largest coal miner, Banpu Public

sentifi.com

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