Thai PTTEP sees better Q4 net profit than Q3

BANGKOK, Nov 12 (Reuters) - Thailand's PTT Exploration and Production PTTE.BK said on Thursday stronger oil prices should push its fourth-quarter net profit higher than the third quarter's 5.26 billion baht ($158 million).

"Fourth-quarter profits should improve from the previous quarter. Gas demand remains high because of the winter season and oil prices are in a rising trend," Chief Executive Anon Sirisaengtaksin told reporters.

PTTEP is the exploration flagship of PTT PTT.BK, Thailand's biggest energy firm. ($1=33.27 Baht) (Reporting by Saraya Suksomkij; Writing by Arada Kultawanich; Editing by Alan Raybould)