PTT Public Company Limited
Thai state-owned oil and gas company / From Wikipedia, the free encyclopedia
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PTT Public Company Limited or simply PTT (Thai: บริษัท ปตท. จำกัด (มหาชน)) is a Thai state-owned SET-listed oil and gas company. Formerly known as the Petroleum Authority of Thailand, it owns extensive submarine gas pipelines in the Gulf of Thailand, a network of LPG terminals throughout the kingdom, and it is involved in electricity generation, petrochemical products, oil and gas exploration and production, and gasoline retailing businesses.[3] The company also owns Café Amazon, a popular coffee chain throughout South East Asia, which shops are often located next to PTT gas stations or inside malls.
This article is missing information about the subject's history, especially the circumstances of its foundation and re-incorporation. (January 2022) |
Native name | บริษัท ปตท. จำกัด (มหาชน) |
---|---|
Company type | Public |
SET: PTT | |
Industry | Oil and gas industry |
Founded | 29 December 1978; 45 years ago (1978-12-29) (as Petroleum Authority of Thailand) |
Headquarters | 555 Vibhavadi Rangsit Rd, Chatuchak, Bangkok, Thailand |
Key people | Auttapol Rerkpiboon (President & CEO)[1] |
Products |
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Revenue | THB1,737,145 million (2016) |
THB94,609 million (2016) | |
Total assets | THB2,232,331 million (2016) |
Total equity | THB762,948 million (2016) |
Owner | Ministry of Finance (51.1%)[2] |
Number of employees |
|
Parent | Ministry of Energy |
Subsidiaries |
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Website | www |
Affiliated companies include PTT Exploration and Production, PTT Global Chemical, PTT Asia Pacific Mining,[4] and PTT Green Energy.
On 15 December 2022, the world's largest institutional investor the Norwegian Government Pension Fund Global divested from PTT and its subsidiary PTT Oil and Retail Business PCL (PTTOR) due to "unacceptable risk that the companies contribute to serious violations of individuals’ rights in situations of war or conflict".[5]