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August 2010
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PTT International Company Limited · PTT International (PTTI) was established on 1st October 2007 and fully owned by PTT Public Company Limited (PTT), Thailand’s fullyintegrated

Mar 06, 2019

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Page 1: PTT International Company Limited · PTT International (PTTI) was established on 1st October 2007 and fully owned by PTT Public Company Limited (PTT), Thailand’s fullyintegrated

August 2010

Page 2: PTT International Company Limited · PTT International (PTTI) was established on 1st October 2007 and fully owned by PTT Public Company Limited (PTT), Thailand’s fullyintegrated

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PTT International (PTTI) was established on 1st

October 2007 and fully owned by PTT Public

Company Limited (PTT), Thailand’s fully integrated

energy company

The objective is to be an international investment

arm of PTT throughout PTT’s business value chain

in order to achieve PTT group’s target of 20%

international revenue

PTTI’s current international investment:

– East Mediterranean Gas Company (EMG) in

Egypt

– PTT Asia Pacific Mining Company (PTTAPM)

in Australia

Head office is in Bangkok and now has 50

employees.Energy Complex Building (PTTI HQ is located on 5th Floor Tower B)

Page 3: PTT International Company Limited · PTT International (PTTI) was established on 1st October 2007 and fully owned by PTT Public Company Limited (PTT), Thailand’s fullyintegrated

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PTT’s Vision:

Thai Premier Multinational Energy CompanyBy 2020: Global Fortune 100 ranking, 20% International Revenue

Upstream: Grow Downstream: Integrate and Innovate

Support Functions : Proactive & aligned with business strategies

International / New:

Grow along Value Chain

E&P

Gas

Petrochemical and Refining

Oil Trading

International

New Business

HR Finance ICT/ RTI CSR Corporate

To achieve 20% international

revenue

Page 4: PTT International Company Limited · PTT International (PTTI) was established on 1st October 2007 and fully owned by PTT Public Company Limited (PTT), Thailand’s fullyintegrated

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Key contributor to achieve PTT Group’s 20% international revenue target by 2020 and sustain top

100 Fortune Global 500 ranking.

Growth engine to spearhead PTT Group’s sustainable and profitable international investments with

best-in-class services and operations relative to peers in energy industry

– Transparent and disciplined decision making process to ensure responsible investment and conduct all

facets of business in a professional and ethical manner.

– Champion for continuous learning and Center of Expertise in international business development for

PTT Group.

– Partner of choice for international business ventures and ensure stakeholders’ satisfaction through

professional conduct and performance excellence.

– Contribute to the development and well-being of the communities in which we conduct business, with

special emphasis on the environment.

– Attract and maintain versatile and efficient workforce.

Aspiration

Mission

Page 5: PTT International Company Limited · PTT International (PTTI) was established on 1st October 2007 and fully owned by PTT Public Company Limited (PTT), Thailand’s fullyintegrated

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With support of PTT core function and resources, PTTI focuses on international investment in 5 core

business areas with both M&A approach for short term cash generating

and green field development for long term sustainability.

Gas and LNG/

FLNG business

Other

businesses

P&R

business

Palm

business

Coal

business

Power

businesses

M&A and

Greenfield

Renewable /

Alternative energy

Unconventional gas

New Technology

GTL, DME, CTL

Midstream & downstream gas

Expansion to support upstream E&P

Gas supply to Thailand

Acreage expansion

Support bio-energy expansion

Value-chain

Renewable / alternative

Mining focus +

marketing support

Value-chain expansion

Page 6: PTT International Company Limited · PTT International (PTTI) was established on 1st October 2007 and fully owned by PTT Public Company Limited (PTT), Thailand’s fullyintegrated

PTTI purchased 25% share in EMG on December 11, 2007.

EMG is an Egyptian registered company who own and

operate a cross-border natural gas transmission pipeline

receiving Egyptian gas from Sinai peninsula and

transporting it to Western province of Israel.

The company is to purchase gas from EGAS and sell to

Israeli customers such as power plants and industrial users

The pipeline starts operating since 2008 and currently

delivering around 2 billion cu.m. per annum to private power

plants

| 5

EMG: a trans-Mediterranean gas marketing project

Project Details

Connection to Egyptian main natural

gas network operated by EGAS

Al-Arish Compression Station and to

landfall.

A 26” 87.6 km. Subsea pipeline on

international territorial water of

Mediterranean sea.

Design capacity is 9 BCM/yr or ~870

mmscfd

Landfall and receiving station located in

Ashkelon, Israel

Tie-in point to Israeli Natural Gas Lines

Sinai peninsula

Compression StationAshkelon Receiving TerminalOffshore Pipeline

Page 7: PTT International Company Limited · PTT International (PTTI) was established on 1st October 2007 and fully owned by PTT Public Company Limited (PTT), Thailand’s fullyintegrated

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PTTML

PTTAPM

Straits Resources Limited(ASX-listed company)

100%

100%

40%60%

PTTAPM offers strong value proposition to PTTI with;

Highly experienced personnel in coal business

Proven track record and operating assets contributing immediate cash flows to PTTI

Platform for international growth (both organic and synergistic M&A)

The Investment:

Serves as a footprint into coal business

60% shares in Straits Bulk and Industrial

Pty Ltd. (“SBI”), a non-listed Australian

company (subsequently renamed to

PTT Asia Pacific Mining, “PTTAPM”)

from Straits Resources Limited of

Australia.

The acquisition was completed in April

2009

PTTI is actively involved in business

development and new venture of

PTTAPM

Page 8: PTT International Company Limited · PTT International (PTTI) was established on 1st October 2007 and fully owned by PTT Public Company Limited (PTT), Thailand’s fullyintegrated

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Mining BusinessPower BusinessOil & Gas - DownstreamPetrochemical

Existing InvestmentPotential Investment

Nigeria, etc.

Gas midstream

opportunity, power

Egypt

EMG Co.(25% share)

East Timor

LNG /FLNG

Projects

Papua New

Guinea

LNG Project

Madagascar

Coal mining +

potential new

minerals

Indonesia

Coal Mining –

PTTAPM (60%)

PhilippinesPower Plant

BruneiPetrochem. Plant,

Coal Mining

Australia

LNG/FLNG Project, Coal

Mining, Power Plant, CBM

Vietnam/Myanmar/LaosPower , Coal Mining