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PTT Public Company Limited operates as Thailand's state-owned integrated energy and petrochemical enterprise. It encompasses a vast array of operations, including oil and natural gas exploration, production, refining, and transportation, alongside petrochemicals, biochemicals, and retail distribution. The company leverages an extensive infrastructure to manage the national energy supply chain, focusing on resource management and energy security for the country.
Established on December 29, 1978, as the Petroleum Authority of Thailand, PTT's inception was a direct governmental response to the severe global petroleum crises of the 1970s. The organization was formed to consolidate and expedite the procurement of essential oil for domestic consumption, stemming from a strategic national insight into the critical need for energy self-reliance and stability. Its founding marked a pivotal moment in Thailand's energy policy.
PTT primarily serves the energy demands of Thailand, from industrial sectors to individual consumers, fulfilling a crucial role in national energy security and economic development. The company's long-term vision centers on ensuring a stable and sustainable energy future for the nation, responsibly balancing the interests of its diverse stakeholders across its integrated energy and petrochemical value chains.
Key people at PTT.
Key people at PTT.
PTT has 1 tracked investment across 1 company. The latest tracked deal is $160.0M Series C in Ample in August 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 19, 2021 | Ample | $160.0M Series C | — | Disruptive Innovation Fund, Eneos, Smrt |