PTT Group Financial and Strategic Insights
Gas Business
QoQ: Pool price increased from LNG import and lower NG vol. from soften power demand as well as pressured gas supply
2021 vs 2020: Increased gas sales vol., higher industrial selling prices referenced to FO price
NG Price VS FO & Customer Breakdown
ptt
NGV Price & Sales Volume
FO (2%)
NG Price
૨૦૨
YOY
5%
Pool Price
19%
62%
43%
NGV Avg. price
Unit: THB/KG
3% QoQ
15% YoY
I
I
1%
$/MMBTU
2021vs2020
64%
5%
$/TON
15.5
14
464
500
443
Fuel Oil
397
367
15.0
13.5
14.2
14.4
12
HSFO 180 CST 2%S
400
286
10
10
281
262
300
188
8.14
NGV Sales Vol.
8
7.23
6.84
200
19% QoQ
20%
6.79
6.36
Unit: K.Ton/Day
6.20
5.68
5.89
18% YoY
6
100
Avg. Pooled gas price
AVG. 2021 = 6.78
AVG. 2020 = 6.48
4
T
3.9
4.0
1Q20
2Q20
3Q20
4Q20
1Q21
2Q21
3Q21
4Q21
3.2
3.2
2.7
NG Vol.
Unit: MMSCFD
2% QoQ
2% YoY
1%
4,437
4,255
4,224
4,158
4,394
163
159
131
NGV (3%)
112
129
709
779
Industry (18%)
739
764
762
909
920
857
909 GSP (20%)
865
1,258
1,355
1,281
1,331 SPP (30%)
1,312
546
476
509
514
703
627
576
786
4Q20
3Q21
4Q21
2020
587 IPP (13%)
700
2021
4Q20
3Q21
4Q21
2020
2021
Key Highlights
૨૦૨ ▼
EGAT (16%)
- Avg. pooled gas price increased from imported LNG and Myanmar gas
Decreased overall NG sales volume mainly from power producers due to seasonal demand
and lower gas supply
+ Industrial selling prices linked to FO increased
+ NGV vol. increased from easing lockdown and the cap of NGV price
2021 vs 2020
+ NG sales vol. increased from industrial customers due to the recovery of economic activities
+ Industrial selling prices improved according to FO price linked
- NGV sales vol. dropped from lockdown measuresand switching to alternative fuels
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