Gas
PTTI is consciously trying to secure energy back to Thailand via investments in LNG and FLNG opportunities in the vicinity of Thailand such as Australia, Timor-Leste, and Papua New Guinea. We also seek to invest where we can utilize our core expertise in gas processing and pipeline, as well as gas-based value chain in other countries such as Middle Eastern countries.
Mining
Mining is a new business that PTT Group diversified into in 2009, when we acquired a controlling stake in the Singapore-listed Straits Asia Resources Limited which operates coal mines in Indonesia and marketing in Singapore. The mines currently under our stewardship have a total saleable volume of 9.2 million tons in 2009 and we are continuously looking to expand in core countries such as Indonesia and Australia.
Power
Our expansion into power business on the international front will be in several dimensions. We seek investments in Indochina where we can source electricity back to Thailand or meet local countries’ demand shortfall. Further, we look to power as a natural value chain extension to our gas and mining businesses. We are also looking to develop a meaningful portfolio of renewable power investments.
Petrochemical /Oil & Refining
PTT Group is a strong player in integrated petrochemical and refining business. We seek to utilize this expertise to expand internationally as a group and across the value chain.