PTT Group Financial and Strategic Insights
PTT Group Accounting Structure
Data as of 31 Dec 2021
E&P and Gas Business Group
International Trading Business Group
Petrochemicals &
Refining Business Group
Consolidate
Subsidiaries
PTT Exploration & Production Plc.
PTT Natural Gas Distribution Co., Ltd.
PTT LNG Co., Ltd.
PTT Global LNG Co., Ltd
Consolidate
Subsidiaries
PTTEP
65.29%2/
PTTNGD
PTTLNG
PTTGL
58.00%
PTT International Trading Pte.
PTT International Trading
PTTT
Consolidate
100.00%
Petrochemical Subsidiaries
PTT Global Chemical Plc. 1/
PTT Tank Terminal Co., Ltd.
GC
PTTTANK
48.18% 2/
100.00%
100.00%
London Ltd.
PTTT LDN
100.00%
50.00%
PTT International Trading
USA Inc.
PTTT USA
100.00%
Refining Subsidiaries
Thai Oil Plc. 1/
IRPC Plc. 1/
Consolidate
TOP
IRPC
48.03% 2/
48.05% 2/
Joint Ventures
Equity
Trans Thai-Malaysia (Thailand) Co., Ltd.
Trans Thai-Malaysia (Malaysia) Sdn. Bhd.
Map Ta Phut Air Products Co., Limited
TTM (T)
50.00%
TTM (M)
50.00%
Oil Business Group
MAP
49.00%
Subsidiaries
PTT Oil & Retail Business Plc.
OR
Consolidate
75.00%
New Business & Infrastructure Business Group
International Investment Business Group
Subsidiaries
Consolidate
Subsidiaries
PTT Energy Resources Co., Ltd.
Global Power Synergy Co., Ltd¹/
GPSC
75.23% 2/
PTT Digital Solutions Co., Ltd. 1/
PTT Energy Solutions Co., Ltd. ¹/
Energy Complex Co., Ltd.
PTT DIGITAL
PTTES
20.00%
PTT Green Energy Pte. Ltd
PTT Global Management Co., Ltd.
PTTER
PTTGE
PTTGM
Consolidate
100.00%
100.00%
100.00%
40.00%
EnCo
50.00%
Joint Ventures
District Cooling System and Power Plant
DCAP
Equity
35.00%
Others
Baania (Thailand) Co., Ltd.
HG Robotics Plc.
Innospace (Thailand)
Sunfolding, Inc.
Luminar Technologies, Inc.
Ample, Inc.
Subsidiaries
Others
Consolidate
BSA
PTT TCC
25.00%³/
Business Service Alliance Co., Ltd. 1/
PTT Treasury Center Co., Ltd.
Fair value
Baania
2.73%
Joint Ventures
HG Robotics
9.47%
Innospace
13.61%
Suez Environmental Services Co., Ltd.
Others
SES
Sunfolding
5.59%
Luminar Technologies
AMPLE
0.07%
Sarn Palung Social Enterprise Co., Ltd.
Dhipaya Group Holdings Plc.
SPSE
TIPH
1.13%
Remark: 1/Subsidiaries that PTT holds less than 50% but being consolidated because PTT has
the power to control the financial and operating policies.
2/ Holding portion of PTT Group (direct & indirect)
3/ PTT holds 100.00% of BSA's ordinary shares, PTT's ownership interest in BSA is 100%
100.00%
Equity
40.00%
Fair value
20.00%
13.46%
ptt
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