Both companies have pledged to prioritize production for domestic needs to offset risks to oil imports from the Middle East.
PTT Exploration and Production Public Co. (PTTEP) says it is monitoring closely the developing situation in the Middle East and has evacuated personnel from high-risk areas.
The company stressed that it does have a Business Continuity Plan (BCP) for managing business operations during periods of uncertainty. All its petroleum exploration and production operations in the UAE and Oman are currently continuing without interruption.
In Thailand, PTTEP has taken steps to support the Ministry of Energy’s policy of maintaining continuity of domestic petroleum supply and ensuring national energy security.
These measures include maximizing natural gas production in the Gulf of Thailand and adjusting schedules for planned maintenance shutdowns to mitigate potential impacts on industry and domestic users.
