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When was PTT established?

On October 1, 2001, the Petroleum Authority of Thailand became PTT Public Company Limited (“PTT”). The Company subsequently offered its shares to the public and institutional investors and listed its shares on the Stock Exchange of Thailand on December 6, 2001. The Ministry of Finance remains PTT’s major shareholder, while PTT’s status remains as a state enterprise regulated by the Ministry of Energy to this day.

What is PTT’s registered capital?

Registered Capital THB 28,324,335,850 comprising 28,324,335,850 ordinary shares whose value is THB 1 per share (as of October 26, 2026)

What businesses does PTT operate?

PTT operates across two main business groups: Hydrocarbon & Power and Non-Hydrocarbon.

The Hydrocarbon & Power group comprises petroleum exploration and production (E&P), natural gas, liquefied natural gas (LNG), petrochemical and refining, international trading, oil and retail, and power business.

The Non-Hydrocarbon group comprises Electric Vehicle (EV), Life Sciences, and New Ventures.

Vision / Mission

Vision "Together for Sustainable Thailand, Sustainable World"

Mission "To conduct integrated energy and related business as a National Energy Company, while delivering values to all stakeholders with balanced and sustainable approach"

PTT Group’s strategic direction continues to focus on driving the goal of energy security while maintaining a balance in reducing greenhouse gas emissions. Five key strategic pillars have been defined:

  1. Competitive Enhancement: Existing Business: Enhance the competitiveness of existing businesses involves strengthening the competitiveness of current businesses by focusing on cost management and sourcing competitive resources, covering two business groups: Hydrocarbon & Power and Non-Hydrocarbon
  2. Necessity & Opportunity: Seeking business opportunities and aiming for Net Zero through the development of CCS and hydrogen businesses is a key mechanism for reducing greenhouse gas emissions of PTT Group. This supports the goal of achieving Net Zero Emissions by 2050.
  3. Sustainability: Integrating sustainability into business operations strengthens the ability to operate Hydrocarbon and Non-Hydrocarbon businesses in a sustainable manner and creates sustainability results in the ESG
  4. Enablers for Transformation: Creating tangible driving factors to enhance organizational transformation through the “Triple Transformation” concept, which consists of three pillars: (1) Operational Excellence (2) Digital & AI Transformation (3) People & Organization Transformation
  5. Foundation focuses on good governance and corporate governance by enhancing GRC practices, while pursuing financial excellence and ensuring balanced management of all stakeholders.

PTT's Business Structure can be categorized as PTT-operated Businesses and Businesses invested through

PTT Group companies as follows

1. PTT-operated Businesses are comprised of

  • Gas Business Group engaging in natural gas businesses regarding procurement from domestic and foreign sources, pipeline transmission, separation, and distribution.
  • International Trading Business Group: covers procurement, import-export, and Out-Out Trading concerning crude oil, condensate, petroleum and petrochemical products including other related products in support of PTT Group's competitive potentiality. In addition, the services of oil price risk management and international oil vessels are provided to help seek more opportunities while creating commercial value to PTT products.

2. Investment Businesses : PTT has invested in a wide range of its related businesses, with an emphasis on petrochemical and oil refining businesses.

  • Exploration & Production and Gas Business Group operates through PTT Exploration and Production Plc (PTTEP), operating domestic and international petroleum E&P and invests in exploration for petroleum deposits of crude oil and natural gas to ensure Thailand’s energy security, primarily to the domestic market.
  • Petrochemical and Refining Business Group operates through PTT Global Chemical Plc (GC), Thai Oil Plc. (TOP) and IRPC Plc. (IRPC). The scope of business ranges from oil refining, production and sale of upstream, intermediate, and downstream petrochemicals together with various polymers (olefins and aromatics), in addition to marine terminal and tank services.
  • Oil Business Group operates through PTT Oil and Retail Business Plc. (PTTOR): engages in distribution of refined fuel and lubricating products covering retail marketing run through PTT service stations, wholesale marketing for Article 7 oil traders, and commercial marketing for government agencies, industry sector, airlines, and oil vessels.
  • Power Business invests through Global Power Synergy Plc. (GPSC), operating the production of utilities (electricity, steam and demineralized water) for industrial customers and conducts independent power generation (IPP) with the Electricity Generating Authority of Thailand (EGAT).

Please find information on PTT’s shareholding structure on our website under “Shareholding Structure.”

PTT has a policy to pay dividend of not less than 25% of net income after deducting all provisional reserves required by law and PTT. While the net income is based on the consolidated financial statements, dividend payment is subject to future investment plans, necessities, and suitability.

Under the vision " Together for Sustainable Thailand, Sustainable World." As the national energy company, PTT is committed to fostering business growth and energy security while balancing the interests of stakeholders sustainably by emphasizing the integration of sustainability into all business operations throughout the value chain, enhancing stakeholder engagement, and ensuring transparency and good governance.

The Sustainability Management Policy covers:

  • Environmental – Foster business growth while achieving greenhouse gas (GHG) reduction targets in alignment with our Net Zero objectives. PTT prioritizes risk and opportunity management, focusing on climate adaptation, energy management, strategic water management, biodiversity management, air pollution management, and waste management, all guided by the principles of a circular economy.
  • Social – Dedicate to conducting responsible business practices that take into account human rights risk management, labor rights, and occupational health and safety. PTT aims to enhance employee capabilities and improve the quality of life within the communities we serve.
  • Governance and Economic – Adhere to principles of good governance, ethics, and compliance in all countries where we operate. PTT approach includes robust risk management and internal controls to identify and adapt to business opportunities effectively
  • Please find further information on PTT’s sustainability in the ESG Factsheet and on PTT’s website.