BOOTH NO. D01
PTT Public Company Limited or former Petroleum Authority of Thailand was established on December 29, 1978, under the Petroleum Authority of Thailand Act B.E. 2521 (1978) to operate petroleum and other related businesses.
In a wake of intensified market competition, the government envisioned a need of increasing role of private sector in energy industry. On September 25, 2001, the cabinet gave consent to transform assets of the Petroleum Authority of Thailand into equity capital. Upon its resolution, PTT Public Company Limited or PTT Plc. was founded whilst the government continued to hold a share of not less than 51 percent in the company.
Later, PTT was corporatized into a public company limited under the Corporatization Act B.E. 2542 (1999) via the establishment of PTT Plc. on October 1, 2001, with registered capital of 20,000 million baht. Then it was registered in the Stock Exchange of Thailand on December 6, 2001, having the Ministry of Finance as the largest shareholder. PTT maintains the status as a state enterprise under the supervision of the Ministry of Energy.
Website : https://www.pttplc.com