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Monday, May 6, 2024

Refinery Companies in Thailand: An Overview

Thailand is one of the leading oil importers and consumers in Southeast Asia, with a domestic demand of about 1.4 million barrels per day (bpd) in 2020.

Thailand has a well-developed and diversified refinery sector that supplies various petroleum products and petrochemicals to the domestic and international markets. The major refinery companies in Thailand are PTT group companies, which account for about 70% of the total refining capacity in the country.

To meet its energy needs, Thailand relies on a number of refinery companies that operate complex and efficient refineries with a combined capacity of over 1.1 million bpd.

PTT Public Company Limited (PTT)

PTT is the national oil and gas company of Thailand, and the largest integrated petrochemical and refining company in the country. PTT operates four refineries through its group companies, with a total capacity of 770,000 bpd. These…

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