PTT Aims for Strong Performance Despite Global Challenges

Ajouté : 2026-05-28

[00:00:00]PTT [music] aims for strong performance despite global challenges. PTT Public Company Limited anticipates improved performance in the second quarter and the latter half of 2026, [music] driven by its petroleum exploration and production business.

[00:00:15]The company expects [music] a rise in the average selling price of PTT Exploration and Production in line with increasing global energy prices.

[00:00:22]>> [music] >> Enhanced performance is also expected in petrochemical and trading business, while the refining segment will depend on global oil price trends. PTT [music] aims to expand its LNG trading volumes to about 3 million tons in 2026, eyeing a role as a global LNG player with targets [music] of reaching 10 million tons per year by 2030 and 15 million tons by 2035.

[00:00:46]PTT has effectively managed Middle East [music] instabilities by leveraging its international network and adapting crude sourcing strategies. [music] Over 111 billion Thai baht has been invested in refineries over the past 5 years [music] to boost their reliability and adaptability.

[00:01:03]Moreover, >> [music] >> PTT is in talks with global partners for partnerships in petrochemical and refining [music] business. Though plans may face delays due to the shifting global energy landscape, the Ministry of Energy's consideration of allowing jet fuel exports is seen positively [music] by PTT, which could help reduce domestic inventory excesses.

[00:01:24]PTT remains [music] attentive to government measures on ex-refinery prices, viewing these as short-term interventions. The company continues efforts in energy security, [music] including the PTT Incident Command System for crisis management, while maintaining production and supply [music] chains at full capacity.

[00:01:42]Financial strategies ensure liquidity despite rising global oil prices, with transparency maintained [music] in its operations. The Ministry might permit jet fuel exports starting June 2026, >> [music] >> contingent upon inventory levels.

[00:01:56]Active interest from countries like Laos, Myanmar, Vietnam, [music] and the Philippines signals potential export opportunities as domestic fuel production exceeds reserve needs.