Mr Kongkrapan has stressed the need for PTT to find new partners to strengthen its businesses. National oil and gas conglomerate PTT Plc is seeking new business partners, hoping to secure additional funding to strengthen businesses within the PTT Group and create synergies to enhance long-term performance. PTT is planning to sell shares in its oil refining and petrochemical subsidiaries -- Thai Oil Plc, PTT Global Chemical Plc (GC) and IRPC Plc -- to global petrochemical companies seeking to expand in Southeast Asia. PTT will also approach investors about its electric vehicle (EV) charging business, operated by PTT Oil and Retail Business Plc (OR), he said. In the oil and retail business, PTT recorded an improvement in the non-oil segment, with net profit at OR rising by 47.8% year-on-year to 11.3 billion baht.

Source: Bangkok Post February 27, 2026 17:53 UTC