Type | Public |
---|---|
Traded as | SET: PTT |
Industry | Oil & Gas Operations |
Founded | 29 December 1978 as Petroleum Authority of Thailand |
Headquarters | 555 Vibhavadi Rangsit Road, Chatuchak, Bangkok, Thailand |
Key people | Mr.Prasert Bunsumpun President & Chief Executive Officer |
Products | Oil, Natural Gas, Petrochemical |
Revenue | ฿ 1,439,185 million (2010)[1] |
Net income | ฿ 61,409 million (2010)[1] |
Total assets | ฿ 1,175,488 million (2010)[1] |
Total equity | ฿ 466,938 million (2010)[1] |
Parent | Thai Ministry of Finance |
Subsidiaries | PTT Exploration & Production, PTT Global Chemical |
Website | www.pttplc.com |
PTT Public Company Limited, PTT PCL, or simply PTT (ปตท.) 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 is involved in electricity generation, petrochemical products, oil and gas exploration and production, and gasoline retailing businesses.[2]
Affiliated companies include PTT Exploration and Production, PTT Global Chemical and PTT Green Energy.
PTT is one of the largest corporations in the country and also the only company from Thailand that listed in the Fortune Global 500 companies, which ranks 155[3] among top 500 companies in the world and 25 in Asia as published by Fortune magazine in 2010.
In 2008 PTT joined the PetroSkills Alliance. Member companies came together to create detailed skill and Competency Maps, which act as a guide for the 200+ short courses, taught to industry professionals in over 40 locations worldwide. Competency Maps are an analysis tool and software application that allows users to assess their skills base to identify gaps in their training, areas needing improvement or mastered skill areas within upstream, downstream, and HSE petroleum subject disciplines.[4]