PTT Philippines, Corporation

PTT PHILIPPINES CORPORATION (PTTPC) is one of the wholly owned subsidiary companies in the Philippines of Petroleum Authority of Thailand Public Company Limited (PTTPLC). PTTPC primary business of marketing refined petroleum products and lubricants are focused on three major segments – retail, wholesale and commercial markets. For more than a decade of business operations in the Philippines, PTTPC continuously aims to serve petroleum products that are of international quality and compliant with the Philippine National Standards (PNS) specifications and the requirements of the Philippine Clean Air Act. PTTPC has also expanded its retail network business by way of partnership with local business groups. At present, PTTPC has retail network that covers Metro Manila, Central, North and South of Luzon as well as in the Visayas particularly in Cebu. In order to cater to the petroleum market in theVisayas region, PTTPC operates and maintains the PTT Cebu Mactan Oil Depot and Terminal. The Petroleum Authority of Thailand Public Company Limited (PTT PLC) is Thailand’s only fully-integrated oil and gas company and state enterprise under the supervision of the Ministry of Energy. PTT PLC is the market leader in both retail and commercial sales in Thailand with subsidiaries operating in various ASEAN geographies; this includes upstream and downstream business and engages itself in the petrochemical industry. It manages 5 refineries in Thailand with production capacity of 1 million barrels a day. Their ASEAN subsidiaries have oil business offices and facilities in Singapore, Vietnam, Laos, Cambodia, Indonesia, Myanmar and the Philippines. To date PTT PLC has more than 50 independent subsidiaries operating globally. PTT Exploration and Production PLC expanded in Algeria, Egypt, Oman and Iran to increase its total production of natural gas, crude oil, condensate and LPG.