Petroleum Authority of Thailand
Was founded on December 29, 2521. Which match the phase around the world are the occurrence of oil shortage. Moreover, begin operations by supplying the oil used in the country needs enough urgently. As a result, Thailand can rely on the energy at a certain level. Reduce the loss of foreign exchange has a lot. Following the privatization of the state enterprise “Petroleum Authority of Thailand”, PTT Public Company Limited or “PTT” was registered on October 1, 2001 “under Corporatization Act B.E. 2542 (A.D. 1999). PTT has an initial registered capital of Baht 20,000 million (10 Baht/share). Having the Ministry of Finance as the largest shareholder, the company was listed.