ptt: form 56-1 2012

56-1 31 2555

. ()

1 1. 1 2. 2 3. 18 4. 45 5. 159 6. 161 7. 163 8. 169 9. 229 10. 236 11. 299

2

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1 1. : . () ( .) : 0107544000108 :

: 28,572,457,250 2,857,245,725 10

( 31 2555) : 28,562,996,250 2,856,299,625 10 ( 31 2555) : 3.2 . -------------------------------------------------------------------------------------------------------------------------------------------------------- : 555 10900 0-2537-2000 0-2537-3498-9 http://www.pttplc.com : 0-2537-2150-1 0-2537-2169 / 0-2537-2171

[email protected] : 0-2537-3518-9 0-2537-3948 [email protected] : 0-2537-3885-6 0-2537-3883

[email protected] -------------------------------------------------------------------------------------------------------------------------------------------------------- () 4, 6-7

0-2359-1200-1 0-2359-1259 6 10400

0-2618-5803 0-2618-5807 () 1

2 3 1060 10400 0-2256-2323-8 0-2256-2406 1 9 10900 0-2544-3937, 0-2544-3930 0-2937-7662

. () 56-1 2555

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2. .

. (Enterprise Risk Management) (Risk Management and Internal Control Committee) . (Functional Description)

. .

. . . . . . 2.1 2.1.1 . (Thai Premier Multinational Energy Company) Engineering and Energy Solution .

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.

. . . Top Executive Thinking Session (TTS) . Strategic Thinking Session (STS) . Scenario Planning . . . . 2.1.2 . . . .

. 2 . Potential Pool CEO . PTT Group Management Committee . Career Counseling Team . 14 Key Position . . Core Competency Functional Competency STS (Strategic Thinking Session) . Functional Excellence . 9 1) Capital Project management 2) Operational

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Excellence 3) Business Development 4) Marketing and Sale 5) Stakeholder management 6) Corporate Finance 7) R&D /Technology , 8) HR&OE 9) Corporate Strategy

. .. 2555 . . (Key Performance Index: KPI) 2.2 2.2.1

. Liquefied Natural Gas (LNG) . LNG 2554 Spot cargo / 2558 LNG 2

. . . (Take-or-Pay) . (Make-Up) . .

LNG Spot cargo . LNG LNG . .

31 2555 . Make-Up . Take-or-Pay 6,780 . Make-Up

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2558 Take-or-Pay 2541 2544 - 2540 Take-or-Pay

LNG .

. Take-or-Pay

3 ..2544 - 2554 () Take-or-Pay

.

-

LNG /

. (Make-Up) Take-or-Pay .

. Take-or-Pay (Make-up)

. Make-Up Take-or-Pay .

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. . (Carry Forward) 2.2.2 .

.

OPEC (Organization of the Petroleum Exporting Countries) / (Forward, Futures Market) (Specifications)

. (Price Strategy and Risk Management) . Petrochemical and Refining Integrated Synergy Management (PRISM) . . . . Swap Option . (Physical Underlying) . . (Value at Risk VaR) . .

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2.2.3 . .

(.) .. 2535 . . .. 2516 .

(NGV)

. NGV NGV (.) 2536 NGV . 2544 NGV NGV

. 18 2550 . NGV 8.50 2550-2551 . NGV 12 2552 13 2553 2554 NGV 8.50 30 2554 NGV 2 4 2554 . 30 2554 NGV 8.50 2 1 2554 15 2555 LPG NGV NGV 0.50 16 2555 2555 NGV 0.50 4 16 2555 - 2555

. NGV . NGV NGV . NGV NGV 14

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2555 (.) 2/2555 . 30 2554 NGV 0.50 16 2555 2555 NGV 10.50 3 ( 16 2555- 15 2555 ) 16 2555 . . 24/2555 14 2555 10.50 / 16 2555 NGV

(LPG) (LPG)

LPG 333 / 18.13 LPG LPG LPG LPG . LPG . LPG . LPG LPG . LPG . LPG .

LPG 30 2554 . LPG 2555 LPG 15 2555 LPG NGV 16 2555 LPG 0.75 LPG ( LPG LPG 76 LPG 333 24 2554) LPG 1 1 2555

2555 . 14 2555 . 30 2554 LPG LPG 21.13 3 ( 16 15 2555) 16 2555 LPG LPG LPG 1 2555 LPG 14 2555 . LPG 0.25 /. LPG 21.38 /. 16 2555 LPG LPG LPG 30.13 /. (

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LPG 30.13 /. 2555) . 8 2556 LPG 18.13 /. 2556 LPG LPG .

2.2.4 . . .

. . . . (PTT Group) . Supply Chain Management (SCM)

. . (..) 2552 PTTEP AA 2552 (Action Plan) 2 2556

(Montara Action Plan) 2552

PTTEP AA

PTTEP AA PTTEP AA 2554 PTTEP AA

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PTTEP AA Noetic

(Deed of Agreement) PTTEP AA Noetic Montara Venture 4

31 2555 (Darwin Magistrates Court) PTTEP AA 510,000 4

4 2555 212 ( .)

() 2.2.5

. . .

(Greenfield)

.

East Mediterranean Gas S.A.E. (EMG) (-) 25% (PTTI) (Egyptian Natural Gas Holding EGAS) 14 2554 EGAS EMG

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13 EMG EMG EMG EGAS . PTTI EGAS 19 2555 EGAS EMG EMG EGAS EMG PTTI (Impairment) EMG 3,972 2555 2.3 2.3.1

. . .

. . (PTT Group Security, Safety, Health and Environment Management Standard : PTT Group SSHE MS) (./OHSAS 18001) (ISO 14001) . (.)

. (Business Continuity Management System) BCMS . BS 25999 . 22301 . .. 2555 . . . 22301-2553

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2554 (Surveillance) 1 19 20 .. 2555

. (Business Interruption) . . . .

.. 2554 15 . (Knowledge Management) . . (Backup Site) . .

. . .. 2555 . (.) (.) (.) . . 2.3.2 . .

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. (Environmental Impact Assessment: EIA) ..2535 .. 2553 67 2550 (Environmental and Health Impact Assessment: EHIA) EHIA . .

. .

2.3.3 . . . . 3 .. 2544-2554 () 2 .. 2553 2573 3 ( PDP 2553 3) 2544 2544 2554

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3 2554 2555 2553 4 ( ) 4 - . . . . . . . 5 2557 2558 . (Long Lead Items)

( / ) . (Critical Path)

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. .. 2550 . 2.4 2.4.1

. . (US$ linked) . (Margin) . .

. . 31 2555 . 215,507.05 49.35 6,257.56 475 23,000 . (Participating Swap) . . .

. (Natural Hedge) (Foreign Currency Deposit) - (Forward) . (Treasury and Credit Policy) . . .

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2.4.2 . .

/ (Strategic Partner) / . . (Cost Overrun Support) (Cash Deficiency Support) (1) (Subordinated Debt) (Equity) / (2) (Trade Credit) / (3) (Shareholder Loan) / (4) 31 2555 . 1,686.70 28,521.06 . (Sponsor Support) . . 100% 60.29 580 . (Shareholder Loan) . . 100% 1,531.88 27,941.06 94.53 ( 11.3 )

. / . . . .

. . . . . (Default) (Acceleration) . . 50 . . . . . 2.4.3

. . . .

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. . /

. . .

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3.

29 2521 ..2521 21 2544 25 2544 . . 51 . . .

. ..2542 . () 1 2544 20,000 2,000 10 /1/ . . ..2542 ..2544 . ..2521 . 16 2550 . () ( 2) ..2550 . . 3

.. 2550 11 2550 . . .. 2552

1/ . .. 2542

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. () ( 2) . 3.1 5 2551 : 3 2551 (LNG)

LNG 1 LNG (LNG Receiving Terminal) . .. 2554

: 15 2551 () . Hydro Cracking Unit . Combine Heated and Power (CHP) 2 25 (Heat Recovery Steam Generator) 90 2 .. 2552

: 26 2551 3 NGV 25 2551

: 29 2551 . . . . . 28,173,881,250 28,181,884,250 2,818,188,425 10

: 24 2551 . , Asahi Kasei Chemicals Corporation (AKCC) Marubeni Corporation (Marubeni) Shareholders Agreement Acrylonitrile (AN) Methyl Methacrylate (MMA) . , AKCC Marubeni 48.5, 48.5 3 760 AN 200,000 MMA 70,000 : 1:1 1 .. 2554

: 26 2551 . 80 330 25 2551

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: 31 2551 . . . . . 28,181,884,250 28,184,770,250 2,818,477,025 10

: 8 2551 . PTTAR PTTCH 40, 30 30 (PPCL) (Phenol) 200,000 (Acetone) 125,000 283.4 1:1 . 56.7

: 2551 . (Small LNG Plant) . 20 27,800 () LNG LNG LNG

: 2 2551 . . . . . 28,184,770,250 28,188,783,250 2,818,878,325 10

: 3 2551 . 14 2550 . . . 24 2551 . 30 1 2551 31 2580 . 1 2544 31 2550

: 23 2551 M9 240 27 2551 .. 2553

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: 30 2551 . . . . . 28,188,783,250 28,190,528,250 2,819,052,825 10

: 27 2551 (PTTPM) 100,000 25 () (IRPC) (Book Value) PTTPM 31 2551 58,318,438.00 . . , IRPC PTTCH PTTPM 50, 25 25

: 1 2551 . . . . . 28,190,528,250 28,240,478,250 2,824,047,825 10

: 29 2551 . . . . . 28,240,478,250 28,240,566,250 2,824,056,625 10

: 12 2551 JDA . 300

: 4 2551 . .47/2549 .35/2550 () . () 28 2551

25 2551 . . 4 26 2551 . ........ 1 4 ........

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2552 : 1 2552 (Operating Alliance) PTTAR SPRC

(SPM) (Thappline) LPG (Sulfur Palletizer)

: 6 2552 (PTT Tank) . 9/2551 19 2551 . PTT Tank 1,000 25 250

: 20 2552 . . (ENCO) . .. 1,250 ( 2,500 .. ) 13 6 2 2552 . ENCO . ENCO 50 500 ENCO 1,800 . 900 ..

: 22 2552 Lints Limited, Hong Kong (Lints) PTTI ( . 100) (Share Sale Agreement) Straits Resources Limited (SRL) Straits Bulk and Industrial Pty Limited (SBI) ( SRL 100) 60 335 11,838.9

: 28 2552 Lints SRL (Condition Precedent) Lints 219.87 ( 7,822 ) SBI

: 17 2552 (FPSO) . 100-120 2552

: 1 2552 . . . . . 28,240,566,250 28,246,688,250 2,824,668,825 10

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: 15 2552 SAR Lints 2,563,098 0.23 SAR SAR 17 2552 SAR Lints Lints (acting in concert) 514,679,220 47.1 SAR

: 30 2552 . . . . . 28,246,688,250 28,247,137,250 2,824,713,725 10

: 6 2552 . (GSA) .. () (Daily Contractual Quantity DCQ) 320 .. 2555 .. 2556

31 2552 . . . . . 28,247,137,250 28,305,503,250 2,830,550,325 10

: 30 2552 . . . . . 28,305,503,2500 28,318,336,250 2,831,833,625 10

: 30 2552 . . . . . 28,318,336,250 28,337,848,250 2,833,784,825 10

: 19 2552 . 130

2553 : 8 2553 PTTGE Chancellor Oil Pte.Ltd.(CO)

77.56 86.94

. () 56-1 2555

1 24

2,900 PT. First Bornwo Plantation Kalimantan

: 24 2553 . 3/2553 . 481.446 .. ..

: 31 2553 . . . . . 28,350,711,250 28,354,157,250 2,835,415,725 10

: 2553 . LNG . (2002) LNG LNG 36,000 2 LNG 120 LNG 1

: 31 2553 . . . . . 28,354,157,250 28,382,883,250 2,838,288,325 10

: 2553 . . () . CNG NGV (Mother Station) 6 6,000 LPG 4,600

: 3 2553 () 25 90

: 10 2553 . (.) (Wind Farm) 5-10 2557 2.26-4.53

: 30 2553 . . . . . 28,382,883,250 28,390,661,250 2,839,066,125 10

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: 1 2553 750 630,000 (PTTPE)

: 30 2553 . .. M9 M11 240 30 2556 . 2,400 400,000

: 31 2553 . . . . . 28,390,661,250 28,424,534,250 2,842,453,425 10

: 2553 NGV . LCNG (Liquid to Compressed Natural Gas Station) LNG LNG 2553 2554

: 2 2553 6 23 31 2553 MEG 95,000 (TOCGC)

: 2553 . . CNG NGV . 2,362,500 2,312,641 LPG 1,818,518 .. 2554

: 6 (Nameplate Capacity) 800 .. 2554

: 2 2553 . 100 (Century Bond) 4,000 . 100 (Lock-in) .

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1 26

: 9 2553 . . 23 . ( 51) ( 26) (Small Power Producer: SPP) 118 3,400 2 .. 2557

: 30 2553 . . . . . 28,458,165,250 28,490,420,250 2,849,042,025 10

2554 : 1 2554 6

800 630,000 LPG 1,030,000 (NGL) 160,000 1,820,000 LPG

: 11 2554 24 IRPC 20.5 IRPC 64,000

: 11 2554 () 56,710

: 1 2554 PTTI Xayaburi Power Company Limited (XPCL) . () 20,000,0001 10 200,000,010.00 25 999,900 100

: 15 2554 . SRL ( International Coal Holdings Limit (ICH)) PTTML PTTI PTTML SRL 1.72 544.1

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16,600

: 30 2554 . Mitsubishi Chemical Corporation (MCC) 50 50 Polybutylene Succinate (PBS) (Biodegradable Plastic) 12 360

: 31 2554 . . . . . 28,490,420,250 28,521,130,250 2,852,113,025 10

: 20 2554 . PTTAR PTTCH PTTAR PTTCH

: 21 2554 PTTAR PTTCH : 21 2554

NGV () 6 500 40 2.2 LPG 1.6 21 15 .. 2555

: 30 2554 . (NNEG) 30 () ( 30) () ( 40) (SPP) Cogeneration 127 15 . 90 7 30 15

: 10 2554 (PTT Energy Solutions Co., Ltd. PTTES) 150 75 . 40 () . () () 20

: 10 2554 Interconnecting Gas Dispatching Facility (LNG) 36 12.828 Gas Dispatching Facility 42 12.282 25.565 LNG Terminal Super Header

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Super Header 1,200

: 15 2554 ( 4) 2.5659 () 2.4855 0.0804 2554

: 30 2554 . . . . . 28,521,130,250 28,543,825,250 2,854,382,525 10

: 26 2554 31.6859 1.7050 2554

: 27 2554 ( 1) ( 2) ( 3) 2554 1.1575 2554

: 19 2554 . (Shareholder Agreement) (BIC) . () 1,370 137,000,000 10 . 34,250,001

: 22 2554 10,775

: 6 2554 (Map Ta Phut LNG Terminal) - - LNG 5 ( 700 ) 10 ( 1,400 ) - LNG LNG 160,000 2 LNG 125,000-264,000 LNG

: 28 2554 . . . .

. () 56-1 2555

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. 28,543,825,250 28,562,996,250 2,856,299,625 10

: 19 () . () . () (Chemical Flagship) . (Integrated Petrochemical and Refining) 21 2554

: 3 2554 ( 2) 3 42 48

2555 : 27 2555 .

25 6 2557

: 7 2555 Dynamax Petrochemical Ltd.

: 21 2555 ()

: 27 2555 (Jet A-1) .

: 2 2555 PTT Asia Pacific Mining Pty Ltd 66.5% Red Island Minerals Ltd

: 13 2555

: (DCAP) 2555 E-Chiller

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94 34,300

: 1 2555 . PTT Fit Station 24 PTT Fit Station 30 2555

: 26 2555 Egyptian General Petroleum Corporation (EGPC) Egyptian Natural Gas Holding Company (EGAS) - East Mediterranean Gas S.A.E. (EMG) (PTTI)

: 10 2555 Deltronix India Limited, India .

: 21 2555 PTT Free Wi-Fi (Wi-Fi) 2 User .1 . 2555 311

: . 2555 2555 320 9,000 900 20

: 20 2555 . . () (..) 1. . .. 403,395,000 .. 65.29 .. ( (Overallotment Agent)) .. (Book Building) 2. .. . 32,162,000 (Stabilization) 30 .. 3. 1 2 .. .

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: 8 2555

: 15 2555 . () (PTTGC) (PTTPE) 3 1 2555

: 27 2555 PTT Mining Limited (PTTML) (PTTI) ( . 100) ./ (Options) Sakari Resources Limited (SAR Straits Asia Resources Limited) SAR 1.90

: 30 2555 . (PTTUT) () (IPT) . . PTTUT IPT 40 20 . 30.10 1,357 1,038 1,340 ( 319 )

: 1 2555 Denko Trading

: 7 2555

: 13 2555 (.) (Commodity Charge : Tc) ( 1) ( 2) ( 3) 1.3380 ( 4) 0.0145 2555

: 4 (.) . (LNG) Qatar Liquefied Gas Company Limited 2 20 1 2558 LNG

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: 12 2555 . Jet A-1 MPPE . MPPE

: 25 2555 . 1,100 10 500 3.375% 30 600 4.500%

: 29 2555 Platinum . PTT Life Station .

: 30 2555 (Zero Waste) .

: 6-8 2555 . IATA Aviation Fuel Forum

: - 17 2555 NGV

: 12 2555 SAR (1) (2) 1307 1309 exist offer

: 21 2555 . . (TSR) . TSR 40% 1,450 (TSE) 60%

. () 56-1 2555

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3.2 .

. . .

3.2.1

3.2.1.1

(NGV) NGV . Liquefied Natural Gas (LNG) (NGV) NGV . LPG

. 100 LNG LNG LNG . . 100

.. 2550 LPG

. () 56-1 2555

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LPG 333 NGV 0.50 4 NGV 0.50 4 NGV 10.50 NGV

79 (LNG)

3.2.1.2 3 1)

2) 3) 3 1) (B2C) PTT Life Station Lifestyle (One Stop Service) PTT Fit Station 2) (B2B) 3) 7 10

. . 100

.. 2543 .. 2542 . 43 ( 2555)

3.2.1.3

() . .

. () 56-1 2555

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2555 (Trading Control System) (Commodity Trading and Risk Management System) 2557 PTT group ship vetting

. (PTT International Trading Pte.Ltd: PTTT) PTT International Trading DMCC (PTT International Trading Guangzhou Representative) (PTT International Trading Jakarta Representative) 50

3.2.2

3.2.2.1 . . ()

.. .. .. . .. .

..

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.. 2514

3.2.2.2 .

. . 9 () (PTTGC), (HMC), (PPCL), (PTTAC), (PTTPL), (PTTPM), (PTT TANK) , (PTTME) (PTTMCC) .

. .

3.2.2.3 .

5 () (TOP), () (IRPC), () (SPRC) () (BCP) (PTTES) .

3.2.2.4 .

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. . (PTTI) . (PTTGE) . 100 2

PTTI .

. ()

56-1 2555

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31 2555 /1 6

. (PTTPL) 100.00% . (PTT TANK) 100.00% . (PTTPM) 50.00% . . (PTTMCC) 50.00% . (PTTGC) /1 48.89% . (PTTAC) 48.50% . (HMC) 41.44% . (PPCL) 40.00% . (PTTME) 40.00% . (TOP) /1 49.10% . (IRPC) /1 38.51% . (SPRC) 36.00% . (BCP) /1 27.22%

/

* * *

. (PTTLNG) 100.00% . (CHPP) 100.00% . . (PTTEP) /1 65.29% . . (PTTNGD) 58.00% . - () (TTM (T)) 50.00% . - () (TTM (M)) 50.00% . (PTTUT) 40.00% . (DCAP) 35.00% . (NNEG) 30.00% . (TP) 26.00% . . (B.Grimm BIP) 23.00% . () (IPT) 20.00% . (RPCL) 15.00% . (BIC) 25.00%

. (Enco) 50.00% . (PTTES) 40.00% . (PTTICT) 20.00%

. . (PTTT) 100.00% . . () (PTTCL) 100.00%

Subic Bay Energy Co., Ltd. (SBECL) 100.00% . . (PTTRB) 100.00% . (TLBC) 48.95% Vietnam LPG Co., Ltd. (VLPG) 45.00% Keloil-PTT LPG Sdn. Bhd. (KPL) 40.00% .() (PA(Thailand) )35.00% . (THAPPLINE) 33.19% PetroAsia (Huizhou) (PA (Huizhou)) 25.00% PetroAsia (Sanshui) (PA (Sanshui)) 25.00% PetroAsia (Maoming) (PA (Maoming)) 20.00% . (IPS) 16.67% . (BAFS) /1 7.06% . (FPT) 0.00016%

.

. .

. (BSA) 25.00% . (TIP) /1 13.33% . (PTTICT) 20.00%

. (PTTI) 100.00% . . (PTTGE) 100.00%

. ()

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3.3 .

/

2553 ()

2554 ()

2555 ()

1. . . () 328,457.44 16.96 379,772.34 15.34 473,042.64 16.62 . . () 68,409.13 3.53 60,085.70 2.43 91,229.81 3.21 . . (PTTEP) /1 72,138.38 3.73 74,865.50 3.02 94,781.65 3.33 . . (PTTNGD) 58.00 5,739.38 0.30 7,422.83 0.30 8,690.18 0.31 . (CHPP) 100.00 149.58 0.01 157.49 0.01 174.86 0.01 PTTEP . . (71,950.15) (3.71) (72,778.30) (2.94) (89,693.85) (3.15) 402,943.77 20.82 449,525.56 18.16 578,225.29 20.33 2. . . () 1,212,017.53 62.58 1,574,696.71 63.62 1,769,343.68 62.18 . . (PTTEP) /1 65,010.06 3.36 91,000.14 3.68 113,069.79 3.97 .. . . (50,034.25) (2.58) (66,586.62) (2.69) (74,056.06) (2.60) PTT International Trading Pte.,Ltd. (PTTT) 100.00 77,084.47 3.98 124,965.17 5.05 148,385.84 5.21 PTT (Cambodia)Co.,Ltd. (PTTCL) 100.00 4,246.83 0.22 6,770.38 0.27 7,977.18 0.28 Subic Bay Energy Co.,Ltd. (SBECL) 100.00 22,853.01 1.17 19,531.81 0.79 22,172.38 0.78 . . (PTTRB) 100.00 32,418.84 1.67 36,527.72 1.47 38,772.21 1.36 1,363,596.49 70.40 1,786,905.31 72.19 2,025,665.02 71.18

. ()

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3.3 . ()

/ 2553 2554

() 2555

()

()

3.

.. () 48,674.18 2.51 71,752.67 2.90 59,374.79 2.09

. (PTTPM) 50.00 39,295.41 2.03 63,458.11 2.56 70,916.80 2.49 . (HMC) 41.44 6,760.58 0.35 10,417.14 0.42 10,721.30 0.38 . (PTTAC) 48.50 - - - - 620.39 0.02 94,730.17 4.89 145,627.92 5.88 141,633.28 4.98 4. . (PTTI) 100.00 24,652.15 1.27 30,811.91 1.24 28,738.50 1.01 5. . (PTTGE) 100.00 151.28 0.01 356.84 0.01 1,246.14 0.04

. (BSA ) 25.00 - - - - 4.59 - 151.28 0.01 356.84 0.01 1,250.73 0.04 6. . (DCAP) 35.00 586.68 0.03 584.19 0.02 926.45 0.03 . (EnCo) 50.00 27.35 - 40.47 0.01 44.54 - 614.03 0.03 624.66 0.03 970.99 0.03

. ()

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3.3 . ()

/ 2553 2554

() 2555

()

()

7. ..(

) 1,490.78 0.08 1,903.30 0.08 3,207.89 0.11

.. (PTTRB) 100.00 4,125.87 0.21 4,099.25 0.17 4,564.07 0.16 PTT (Cambodia) Limited (PTTCL) 100.00 - - - - 1.15 -

5,616.65 0.29 6,002.55 0.25 7,773.11 0.27 8.

.. (PTTEP)

1/ 3,507.29 0.18 3,780.18 0.15 4,685.26 0.17

. - () (TTM(T))

50.00 1,449.67 0.07 1,638.39 0.07 1,716.42 0.06

Trans Thai-Malaysia (Malaysia) Sdn.Bhd. (TTM(M))

50.00 86.16 - 147.65 0.01 145.96 0.01

. (PTTPL) 100.00 399.55 0.02 926.36 0.04 1,123.84 0.04 . (ENCO) 50.00 352.58 0.02 518.42 0.02 553.69 0.02 . (BSA ) 25.00 347.17 0.02 685.86 0.03 685.81 0.02 .. (PTTRB) 100.00 235.21 0.01 213.80 0.01 305.71 0.01 . ( PTT TANK) 100.00 - - 360.68 0.01 359.45 0.01 6,377.63 0.32 8,271.34 0.34 9,576.14 0.34 1,898,682.17 98.03 2,428,126.09 98.10 2,793,833.06 98.18

. ()

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3.3 . ()

/

2553 ()

2554 ()

2555 ()

9.

9.1 13,025.89 0.67 16,575.26 0.67 17,178.95 0.60

9.2

6,361.93 0.33 1,099.42 0.04 7,614.72 0.27

19,387.82 1.00 17,674.68 0.71 24,793.67 0.87 10.

18,815.96 0.97 29,463.28 1.19 27,091.05 0.95

1,936,885.95 100.00 2,475,264.05 100.00 2,845,717.78 100.00 : 1/ .. PTTEP 2553 65.34 2554 2555 65.29 2/ 1 2555 PTTI

2554

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3.4 . .

Thai premier multinational energy company 3 (High Performance Organization: HPO) (Corporate Governance: CG) (Corporate Social Responsibility: CSR)

2555 . . . (Taskforce) (Technology Roadmap) (Green Roadmap) .

- (Technology Roadmap): .

- (Green Roadmap): . . . (PTT Green Way) 3 (Product) (Process) (Public awareness)

. () 56-1 2555

1 44

PTT Group Value Chain

. () 56-1 2555

1 45

4. 4.1

.

.

NGV

/2

LNG

/3 . .

.

NGV

/1 . . .. , . LNG /2 . /3

/1

. () 56-1 2555

1 46

. 4.1.1 . .. 31 2555 . .. 65.29 .. . .. Production Sharing Agreement/Contract Services Agreement .. .. .. 2514 (Concession) 4.1.1.1

.. 44 16 1 1 26 .. ( 31 2555)

. () 56-1 2555

1 47

..

(%)

(1) 1. 44.4445 2. 1 100 3. 1 100 4. 6/27 60 5. 80 6. 22/43 100 7. 53/43 54/43 100 8. 21,28 29/48 70 9. 5 20 10. 3 5 11. 4 45 12. 4/43 21.375 13. 20 14. 8/32 & 9A/1 25 15. 4, 5 6/48 100 16. 4/48 5 (2) 17. /2 80 18. /2 M3 100 M11 45 19. (M5, M6) 25.50 20. (M12,M13,M14) 19.31784 21. PSC-G EP-2 90 22. 28.33 23. 34 24. 100 25. 30 26. 20 27. 9-2 25 28. 16-1 28.5 29. 48/95 8.5 30. 52/97 7

. () 56-1 2555

1 48

..

(%)

31. 33.333334 32. 9/43 100 33. - 17 50 34. 18 (3) 35. 44 100 36. 40 37. 433 416 35 38. 24.5 39. -423- 30 40. 100 ( /

7, / 8, / 33, / 34 / 40 / 54)

/ 100

(/ 1, / 2 / 3)

89.6875

( / 7)

100

( / 4 (Tenacious))

100

( / 24)

90

( / 5 (Tenacious), / 6 (Audacious), / 4, / 4 ( Tenacious), / 5 ( Tenacious), / 6 ( Audacious) / 17

50

. () 56-1 2555

1 49

..

(%)

( / 32)

35

( 396 397

20

41. 8.5 42. 10 43. L10A

L10B 25

15 44. L5, L7, L11, L11B, L12 10 /1 PTTEPO 8/32 /2 9 11 ( 11) 3 7 11 11, 1 2555 7 ..

25.5 Moattama Gas Transportation Company (MGTC) 19.31784 Taninthayi Pipeline Company LLC (TPC) . 50 (Energy Complex Company Limited) . . .. . () () 20 . () 40 ICT . 13.11 Erawan 2 FSO Bahamas Ltd. FSO 15.67 50 Shoreair Pty Limited 50 Troughton Island Pty Ltd

. () 56-1 2555

1 50

4.1.1.2 .. .. .. .. .. .. U.S. Society of Petroleum Engineers .. .. 31 2553 2555

: 2553 2554 2555

612 431

541 428

501 400

1,043 969 901 .. 31 2555 263

4,182 901 4.1.1.3 (1)

2555 .. 313,293 2554 11,926 3.96 2553 2555 :

2553 2554 2555 304,023 301,367 313,293

(2)

.. 5 . .. ( 84 .. 2555) . .. 25-30 . ..

. () 56-1 2555

1 51

2555 .. 5 275,923 10,876 2554 265,047 1 16-1 .. 2553 2555

2553 2554 2555 () 39.58 38.79 52.41 () 1,155.95 1,142.71 1,128.88 () 199.15 236.42 254.06 () 36.61 35.39 33.67 () - 3.88 6.52 () 264,575 265,047 275,923 () 44.83 55.49 64.86

(3) . .. .. .. .. 1 2555 15 . 3 .. . (4)

.. 2553 2555 :

** 2553 - 2555

2553** 2554** 2555** () ()

140,655 143,506

99,687 43,774

165,866 173,375 128,702

44,748

207,851 218,137 160,966

57,316

322,430 159,371 163,059

447,842 247,818 200,024

601,513 273,409 328,104

. () 56-1 2555

1 52

(5) 2555 ..

..

2555 ..

Maple-2 Cash-Maple 2555 Cash-2 2554 30 696

3 11 7 11

2 () 2556

9 7 6 2556

Winter Evaluation Program (WEP) 2554 - 2555 161 3 4 Leismer, Thornbury Hangingstone Leismer Thornbury Hangingstone

4 2555 Winter Evaluation Program 2555-2556 Leismer, Corner Thornbury 92 3 4 134

..

3 (Gas injection well) 1

2555 FPSO 2555

. () 56-1 2555

1 53

4 2555 212 ( .)

()

2555 .. (...) (Joint Operating Agreement) Myanmar Oil and Gas Enterprise (MOGE) MOGE 20 Production Sharing Contract ... 80 63 2557

433 416 2555 4 3 4,000 4 (EPC1) (EPC2) 2557

Corner Final Investment Decision (FID) 2556 2559

PTTEP Africa Investment Limited PTTEP AI ( ..) Cove 2555 PTTEP AI 8.5 Anadarko

(Resources) 65 (Trillion Cubic Feet - TCF) (Liquefied Natural Gas: LNG) PTTEP AI (Front End Engineering Design: FEED) 2

Anadarko (HOA: Heads of Agreement) Eni Cape Afugi Cabo Delgado

. () 56-1 2555

1 54

..

16 2555 320

- . 9,000 15 2555 25,019 5 2555 100 2555 596

( ) 900 20 %

1 35,176 2555 2555 28,000

Leismer Bitumen 4 2555 15,700 22 ( ) 4 well pad 9 well pad 5 4 2556

(Leismer Expansion) well pad 40,000 Energy Resources Conservation Board (ERCB)

44 - (Shams-E South) 4 2555 1,500 4,600 2555 44 2,960 42 Shams-9ST Shams Shams-9ST 30 2555

16-1 6 2555 2 (Wellhead Platform : WHP-H4) (Te Giac Trang Field) 41,000 55,000

.. (Portfolio Management) (Focused Countries)

. () 56-1 2555

1 55

11 Total JX NOEX ... Total E&P Myanmar (Total) JX Nippon Oil & Gas Exploration (Myanmar) Limited (JX Myanmar) 11 40 15 ... 45 (Portfolio management)

Cove Energy Plc. 23 2555 .. PTTEP AI ( ..) Cove 240 () 1,221.4 Cove 8.5 Rovuma Offshore Area 1 Cove 10 Rovuma Onshore Area 10-25 7

17 2555 PTTEP AI Cove 23 2555 PTTEP AI Cove 5 2555 () PTTEP AI 100 18 2555 (London Stock Exchange) Cove Alternative Investment Market (AIM) 4.1.1.4 .. (Capital Expenditure) (Operating Expenditure) 2556 2560 5 24,671 ( .)

: . 2556 2557 2558 2559 2560 2556- 2560

3,949 3,134 2,962 2,312 2,410 14,767 1,860 1,851 1,837 1,984 2,372 9,904 5,809 4,985 4,799 4,296 4,782 24,671

. () 56-1 2555

1 56

.. () 2556- 2560

: 2556 2557 2558 2559 2560

310 340 335 325 339 4.1.2 . 5

(1)

(2) (Transmission Pipeline)

(3) 6

(4) (Distribution Pipeline) (Transmission Pipeline)

(5) (Natural Gas for Vehicles) NGV

2555 . 578,225 128,699 28.6 2554 449,526 ( . 3.3) 4.1.2.1 . . 15 12 , , B8/32/1 , , MTJDA A-18 , , MTJDA B-17&C-19 B-17-01 , , 123 ()/2, (), ( ) , /3 3 M9 /4

. () 56-1 2555

1 57

: /1 /2 5 .. 2553 680 1,010 17 .. 2554 1,240 24 .. 2555 /3 30 .. 2552 320 16 2555 /4 30 .. 2553 240 2557 . / . 2553 2555

/ 2553 2554 2555

. /

. /

. /

- 1,2,3 956 23.6 966 23.1 1,281 28.1 - 581 14.3 588 14.1 766 16.8 - 366 9.0 374 8.9 377 8.3 - / 187 4.6 167 4.0 134 2.9 - / 104 2.6 97 2.3 106 2.3 - MTJDA 602 14.8 722 17.2 707 15.5

- 2 0.1 7 0.2 9 0.2 - 406 10.0 332 7.9 222 4.9 3,204 79.0 3,253 77.7 3,602 79.0

- 434 10.7 426 10.2 423 9.3 - 419 10.3 404 9.7 397 8.7 - LNG 101 2.4 139 3.0 853 21.0 931 22.3 959 21.0 4,058 100.0 4,184 100.0 4,561 100.0 (/) 196.4 213.8 261.2

: 1,000 1

. () 56-1 2555

1 58

. 25-30

. 110 - 125 (Contractual Delivery Capacity CDC) . (Daily Contracted Quantity DCQ) . CDC . (Annual Contracted Quantity ACQ) . (Take-or-Pay) (Make-Up) . . . . CDC (Carry-Forward) 15 20 5 Carry-Forward . . (Shortfall) . 20-25 . . (Initial Base Price) 12 6 3 1 (Pass Through) . . . . . . . .

. () 56-1 2555

1 59

(1) (2) () (3) . . (Transmission Pipeline) ( .) 2553 2555

2553 2554 2555

../

../

../

1. . 1,344 33.3 1,146 27.6 1,328 29.2 2. 943 23.3 866 20.9 922 20.3 3. 475 11.8 485 11.7 427 9.4 4. /1 628 15.5 783 18.9 909 20.0 5. 650 16.1 867 20.9 958 21.1 4,040 100.0 4,147 100.0 4,544 100

: . : 1,000 1 /1 .

2 (1) . . 1.75 . . 2.15 / . 9.33 ./ 11.48 / (2) 2 (Demand Charge)

. () 56-1 2555

1 60

(Internal Rate of Return on Equity) 18 12.5 3 () (Commodity Charge) (Variable Cost) 1 2 3 4 5 (.) 18 2550 (.) . (.)

Demand Charge : /

(Demand Charge) 1 8.5899 () 2 14.2177 () 3 12.0654 () 4 2.4855 ()

: 5

Commodity Charge : /

(Commodity Charge) 1

1.3380 () 2 3 4 0.0145 ()

: 5 () 1 2552 () 2554 () 2555

. () 56-1 2555

1 61

. Demand Charge Demand Charge (Periodic Adjustment) 5 Commodity Charge (Index Adjustment) 4.1.2.2 . . 31 2555 (Transmission Pipeline) . 3,714 1,474 2,240 ( (Distribution Pipeline) 511 ) . - . (Dew Point Control Unit) (Common Header)

. () 56-1 2555

1 62

()

()

/ ( ./)

- () 415 34 850 2524 - () 171 32 635 2539 - () 418 36 1,180 2539-2540 - 161 24 210 2539 - ( 3) 606 42 1,900 /3 2550 3 - 95 42 1,000 /3 2551 3 ( 2)- 3 48 28 330 2554 ( 2) 3 - 3 38 24 350 2555 3 - () 104 28 540 2524 - () 57 28 n.a. /2 2524 - () 99 24 280 2524 . - 3.5 16 140 2533 - () 105 28 660 2539

. () 56-1 2555

1 63

() ()

()

/1 ( ./)

- () 101 36 860 2539

- 238 42 1,300 2541

- 154 30 330 2543 - ()

- ( 3) 110 36 1,200 /3 2549 3

- 72 36 510 /1 2549

#RA6

70 30 300 /1 2550 #RA6

8 20 250 /1 2550

8 24 150 /1 2552

/1 /2 (Reverse Flow) /3

. () 56-1 2555

1 64

. () 56-1 2555

1 65

4.1.2.3 . . . . ()

. 6 2554 6 800 . 2554 3 . (Nameplate Capacity) 2,660 1 350 2 3 () 750 5 530 1-3 , 5 6 4 230 2555 1 104 2 3 () 102 5 105 6 91 2555 6 1 4 72 4 4 . . (Processing Capacity) 2,740 ( 4 75)

()

. () 56-1 2555

1 66

. 2553 2555

2553 2554 2555 () 1,163,396 1,798,090 2,109,100 () 332,484 591,879 780,464 () () 2,270,993 2,777,001 2,843,906 /1 () 355,401 448,324 487,656 4,122,274 5,615,294 6,221,126 : . /1 (Dew Point Control Unit)

. 2553 2555

2553 2554 2555 () 1,162,884 1,797,764 2,109,233 () 268,203 541,584 726,426 () /1 () 2,533,783 2,840,313 2,905,594 /2() 537,019 647,337 726,728 4,501,889 5,826,998 6,467,981

: . /1 . 2553 212,098 2554 6,907 2555 /2 (Dew Point Control Unit)

. . 4.1.2.4 . (Transmission Pipeline) (Distribution Pipeline) 31 2555 313 2 . (Capacity Charge)

. () 56-1 2555

1 67

4.1.2.5

. NGV NGV (.) 2536 NGV 31 2555 NGV 374,857 NGV 483 243 240 NGV 2555 280 / 4.1.3

. 12 . 4.1.3.1 . (PTT NGD)

. . Suez-Tractebel S.A. 24 2539 31 2555 . 500 . 58

. (Distribution Pipeline) High Density Polyethylene (HDPE) (Transmission Pipeline) . .

(1) . .

10

(2) 31 2555 .

11 5 - 7 2555 . 43.00 3.7 2554 4 2554 3 2555 2553 2555

. () 56-1 2555

1 68

2553 2554 2555 () 44.72 44.66 43.00

() 197 213 229 .

80 (AMATA NGD)

(3) . 31 2555 13

( 1 ) . 7 () . .

(4) . 2553 2555

: 2553 2554 2555 5,227 5,634 6,319 5,304 6,003 6,748 () 4,320 4,625 5,370 () 984 1,379 1,378 3,385 3,475 3 ,584 1,980 1,542 1,607 1,405 1,933 1,976

4.1.3.2 - () (TTM (T)) Trans Thai-Malaysia (Malaysia) Sdn. Bhd. (TTM (M)) . Petronas - () (TTM (T)) 4 2543 Trans Thai-Malaysia (Malaysia) Sdn. Bhd. (TTM (M)) 21 2543 TTM (T) - (Malaysia-Thailand Joint Development Area ) - LPG - TTM (M) - 31 2555 TTM (T) 11,333.60 TTM (M) 52.8 () . Petronas 50

. () 56-1 2555

1 69

(1) 2 1 : 2549 - 34 18

267 1,020 - 36 -

89 Petronas 9 750

- 1 425 166,800 43,000

- 8 1 - 89 Prai 150 1,166

2 : 2551 - 42 A-18 3 .

61.5 12 2551 - MTJDA B17 42

A-18 25 2552 MTJDA-B17 .

(2) - () Trans Thai-Malaysia (Malaysia) Sdn. Bhd.

2 . Petronas 2 (Service Agreement) 2549 14 2549 . 131 3 2551 7 2554 NGV MTJDA-A18 3 . 2549 300 2551 MTJDA-B17 3 . 1 2553 300 .

2555 (Feed Gas) ( A18) 889

. () 56-1 2555

1 70

(Feed Gas) ( B17) 351 (Sales Gas) 409 (LPG) 135,970 (NGL) 57,900 (3) - () Trans Thai-Malaysia (Malaysia) Sdn. Bhd.

31 2555 6 . 3 . . ( Petronas 3 )

(4) - () 2553 - 2555 :

2553 2554 2555 4,280 4,819 4,563 4,300 4,838 4,617 () 2,318 4,190 2,801 () 1,982 648 1,815 33,121 32,929 30,076 19,701 19,133 17,241 13,420 13,796 12,835

Trans Thai-Malaysia (Malaysia) Sdn. Bhd. 2553 - 2555

:

2553

(1/4/2553-31/3/2554)

2554 (9 )

(1/4/2554-31/12/2554)

2555* (1/1/2555-

31/12/2555)

20.31 22.26 28.99 28.43 22.96 34.42 () (19.71) (20.79) (18.62) () 8.72 2.17 15.80 150.15 148.48 149.04 103.10 99.26 84.02 47.05 49.22 65.02

* 2555 Unaudited 4.1.3.3 (DCAP)

. () 56-1 2555

1 71

(DCAP) . (.) (.) 35 35 30 2 2546 () 31 2555 DCAP 1,670

(1) (District Cooling System and Power Plant)

DCAP (Chilled Water)

- DCAP Utilities Cogeneration Combined Cycle 95 (MW) Steam Absorption Chiller (SAC) 29,440 Refrigerant Ton

(RT) (Electric Chiller) 8,000 Refrigerant Ton (RT) - 8 .

2 25 / (MMSCFD)

(2) DCAP

15 2549 (.) 13 2552 DCAP 45 MW DCAP Gas Turbine 1 23 2554 Gas Turbine 2 15 2555 2555 95 MW

(3) DCAP .

DCAP 7 MMSCFD 25 (4) DCAP - () (.)

50 MW - ., Airport Operation Building (AOB), Airport Information

Management System (AIMS) 12,500 RT Catering () 6,600 RT 8.6

(Ton/hr.)

. () 56-1 2555

1 72

1,500 RT 2 Ton/hr.

700 RT (5) DCAP 31 2555 7 .

2 . . (6)

DCAP 2553 2555 :

2553 2554 2555 1,681 1,679 2,652 1,705 1,883 2,518 () (24) (204) 134 2,770 4,055 4,222 1,888 2,866 2,899 882 1,189 1,323

4.1.3.4 (PTTUT)

. 24 2547 . () (NPC) () (TOC) ( . () (PTTCH) 7 2548) () () (ATC) ( ATC () (RRC) . (PTTAR) 27 2550) PTTCH PTTAR () (PTTGC) 18 2554 (PTTUT) 13 2547 (Utilities) . PTTGC 40 60 31 2555 PTTUT 6,859

. 20 2555 () Flagship . (Global power Synergy Company Limited: GPSC) 10 2556 .

(1) PTTUT

(Dematerialized Water) . (Central Utility Unit CUP)

. () 56-1 2555

1 73

CUP (MW)

(T/hr)

(m3/hr) CUP-1

()

. PTTGC

225 890 ( HRSG Supplementary

Firing)

540

CUP-2 (Rayong Industrial Land)

. PTTGC .

113 330 ( HRSG Supplementary

Firing)

140

CUP-3 ()

. PTTGC

- 280 170

338 1,500 850 :

(2) - 1 (CUP-1) 2547 (Utility)

1 2549 Gas Turbine Generator (GTG) Heat Recovery Steam Generator (HRSG) 6 Auxiliary Boiler 50 (T/hr.) 1 225 (MW) 470 T/hr. (890 T/hr. HRSG Supplementary Firing) 540 (m3/ hr.) CUP-1 Phase 6 GTG/HRSG 5 6 2553 2553

- 2 (CUP-2) GTG HRSG 2 (Auxiliary Boiler) 50 T/hr. 1 Steam Turbine Generator (STG) 1 113 MW 170 T/hr. (330 T/hr. HRSG Supplementary Firing) 140 m3/ hr. (Service or Clarified Water) 360 m3/hr. 2551 (.) 2552

- 3 (CUP-3) Auxiliary Boiler 3 140 T/hr. 1 70 T/hr. 2 (Power Substation) 280 T/hr. 172 m3/hr. Auxiliary Boiler 140 T/hr. 2552 Auxiliary Boiler 70 T/hr. 2 2552 2553

(3) PTTUT .

PTTUT 15 100 (MMSCFD)

. () 56-1 2555

1 74

(4) PTTUT (Utility)

.

2549 - Ethylene Oxide Ethylene Glycol (EO/EG) TOC Glycol Company Limited (TOCGC) - Air Separation Plant MIG Production Company Limited (MIGP)

2550 - Aditya Birla Chemicals (Thailand) Limited (ABCT) - Ethoxylate Thai Ethoxylates Company Limited (TEX)

2551 - Ethanolamines Thai Ethanolamines Company Limited (TEA) - Methyl Ester Fatty Alcohol Thai Oleochemicals Company Limited (TOL) - Cumene/Phenol PTT Phenol Company Limited (PPCL) - Aromatics 2 PTT Global Chemical Plc (PTTGC)

2552 - Choline Chloride Thai Choline Chloride Company Limited (TCC) - Ethylene Cracker Low Density Polypropylene (LDPE) Linear Low Density Polypropylene (LLDPE) PTT Polyethylene Company Limited (PTTPE) - Propylene ( PDH) . - Central Lab PTT Global Chemical Plc (PTTGC)

2553 - AN/MMA/PMMA PTT Asahi Chemical Company Limited - BPA PTT Phenol Company Limited (PPCL) - (PTTPL)

PTTUT (Non-firm) . CUP-1 40 MW Commercial Operation Date (COD) 17 2553 CUP-2 60 MW COD 2552

(4) PTTUT 31 2555 9 . 3

. . PTTUT (5)

PTTUT 2553 2555 :

2553 2554 2555 8,845 11,604 12,938 () 8,516 11,214 12,189 () 329 390 749 23,594 23,786 23,102 17,050 16,853 15,434 6,544 6,933 7,668

. () 56-1 2555

1 75

4.1.3.5 (RPCL) . 26 2547 . (RPCL) 15 (Par Value) 100 31 2555 RPCL 7,325 RPCL (.) (Independent Power Producer: IPP) (Natural Gas Fired Combined-Cycle Power Plant) 2 700 (MW) 1,400 MW 245 6 (Land Lease Agreement: LLA) 27 2547 1 2 1 2551 1 2551

(1) RPCL .

RPCL 280 (MMSCFD) ( 850 1 ) 25

(2) RPCL . (Power Purchase Agreement: PPA)

27 2547 25 . 1 1 2551 2 1 2551

(3) RPCL 31 2555 12 .

2 (4) RPCL 2553 2555

: 2553 2554 2555

19,650 18,912 20,127 () 15,725 16,416 16,720 () 3,925 2,496 3,407 30,150 28,931 27,880 18,987 17,572 14,913 11,163 11,359 12,966

. () 56-1 2555

1 76

4.1.3.6 (PTT LNG)

. 24 2547 . . 100 . . . 30 2547 / Terminal LNG LNG (LNG Re-gasification & Receiving Terminal) 5 1 10 2 Throughput & Service Fee . LNG 31 2555 6,403

(1) LNG Receiving Terminal LNG LNG (LNG Storage Tank )

LNG (LNG Re-gasification Unit) 5 1 10 2

(2)

2 2550 2552 LNG Receiving Terminal 2551 1 (Commissioning) 2 2554 2554 2 LNG . 2560

19 2550 (.) LNG LNG . LNG

25 2553 . LNG LNG (LNG Receiving Terminal Tariff) (.)

20 2554

2 2554 - (Terminal Use Agreement) . 40 6 2554

4 2555 LNG Receiving Terminal 2 (.)

(3) / LNG Receiving Terminal

(Throughput & Service Fee) . LNG (4) 5 . 4

1 .

. () 56-1 2555

1 77

(5) PTTLNG 2554 2555

: 2554 2555*

552 1,755 () 1,105 2,561 () (553) (806) 30,582 26,572 25,082 21,879 5,500 4,694

* 2555 Unaudited 4.1.3.7 () (IPT)

. 22 2547 . () (IPT) 20 Siemens AG 10 11 2548 . IPT Siemens AG 31 2555 IPT 1,771 IPT (Independent Power Producer: IPP) (Natural Gas fired Combined Cycle Power Plant) 700 (MW) (COD) 15 2543 IPT PTTUT Flagship . . 20 2555 (Global power Synergy Company Limited: GPSC) 10 2556

(1) IPT . IPT

120 (MMSCFD) 25 (2) IPT (.)

(PPA) 13 2540 25 COD 15 2543 . IPT (Take-or-Pay 100) (Availability Payment) (Energy Payment)

(3) IPT 31 2555 8 .

2 . () 6

. () 56-1 2555

1 78

(4) IPT 2553 2555

: 2553 2554 2555

4,385 9,953 12,343 () 4,358 9,316 11,862 () 27 637 481 10,838 10,880 10,409 3,594 3,008 2,056 7,244 7,872 8,353

: 2553 (Total Plant Unplanned Shutdown) 27 .. 29 ..2553 4.1.3.8 (TP) . 21 2548 . (TP) .. ( . () (...)) 26 2,300 23 2548 . TP ... 31 2555 TP 2,810 TP (Small Power Producer: SPP) (Combined-Cycle Co-generation Power Plant) 118 (MW) 180 (T/hr.) (COD) 1 2541 TP 56 () (IPT) (IPP) 700 MW TP . .. (Upstream) TP IPT 25 (.) () ()

(1) TP . TP

28 (MMSCFD) 25 TP

(2) TP - . 41 MW 25 COD

- 180 T/hr.

. () 56-1 2555

1 79

(3) TP 31 2555 10 .

3 (4) TP 2553 2555

: /1 2553 2554 2555

3,852 4,362 4,952 3,566 3,968 4,585 () 286 394 367 5,034 4,970 5034 578 401 661 4,456 4,569 4,373

/1 TP ( IPT) 4.1.3.9 (CHPP) . 10/2549 26 2549 (Combined Heat and Power) ( : ) . 6/2550 22 2550 (Combined Heat and Power Producing Company Limited : CHPP) CHPP 27 2550 500 . 100 31 2555 CHPP 316.22

(1)

(.) (.)

Gas Turbine Generator Gas Compressor 2 9.2 MW

12,000 RT 2 1. Absorption Chiller 3,000 RT 2 2. Electric Chiller 2,000 RT 2 1,000 RT 2 Chilled Water Thermal Storage Tanks

A Storage Tank AM 7,500 m3 B Storage Tank AM 15,000 m3 (COD) ( Electric Chiller) 1 2552 Commissioning 28 2554

. () 56-1 2555

1 80

(EnCo) 12 2554 521 (.)

Gas Engine 6-7 MW 6,600 - 6,700 RT 2 1. Absorption Chiller 2

1,200-1,300 RT 2. Electric Chiller 1,000 RT 4 500 RT 2

400 RT 1 . (2) CHPP .

CHPP 1 (MMSCFD) ( 1,000 1 ) 10

(3) CHPP -

7,500 RT . 30 2555 7,000 RT

- . ( Cogeneration) (VSPP) . 6.4 MW 5

(4) CHPP 31 2555 3 . 2

1 (5) CHPP 2553 2555

: 2553 2554 2555

152 162 175 100 124 149 () 52 38 26 879 950 924 525 512 460 354 438 464

. () 56-1 2555

1 81

4.1.3.10 . (B.Grimm BIP)

. 12/2552 25 2552 . . (BGEC) (BIP) . (B.Grimm BIP) 118 (MW) . 305 . 29 2553 9 2553 . B.Grimm BIP . 23 BGEC 51 BIP 26 31 2555 B.Grimm BIP 285.5

(1) (Small Power Producer: SPP)

(Combined Heat and Power) 118 MW ( 127 MW Inlet Air Chilling) SPP- Firm 90 MW 3,400 Refrigerant Ton (RT) Gas Turbine Generators, Heat Recovery Steam Generators, Steam Turbines Absorption Chillers

(2) - 28 2555 B.Grimm BIP 135.5 285.5 - B.Grimm BIP 2 2555 2557

(COD) 2 2557 (3) B.Grimm BIP .

B.Grimm BIP 20-25 (MMSCFD) 25

(4) B.Grimm BIP - (.) 90 MW

- 3,400 RT (5) B.Grimm BIP 31 2555 11 . 2

. () 56-1 2555

1 82

(6) B.Grimm BIP 2553 - 2555

:

: . B.Grimm BIP () 9 2553

4.1.3.11 (NNEG)

. 4/2554 29 2554 . . (NNCL) . (RATCH) 127 (MW) . 435 . 30 2554 . 30 NNCL 30 RATCH 40 31 2555 NNEG 242


(Combined Heat and Power) 127 MW SPP- Firm 90 MW 15 Ton/Hr Gas Turbine Generator (GTG) , Steam Turbine (ST), Electric Chiller/Absorption Chiller (E/A-Chiller) Heat Recovery Steam Generator (HRSG)

(2) - 31 2555 NNEG 162 242 - NNEG 2557 2559

(COD) 2 2559 (3) NNEG - (.) 90 MW

- 15 Ton/Hr (4) NNEG 31 2555 11 . 3

2553 2554 2555 0.001 0.400 0.695 0.245 1.415 3.260 () (0.245) (1.013) (2.565) 52.207 133.597 347,957 31.792 0.195 67,120 20.415 133.402 280,837

. () 56-1 2555

1 83

(5) NNEG 2554 - 2555 :

4.1.3.12 (BIC)

. 5/2554 27 2554 . . () (CK) (BLDC) 119 (MW) . 343 . 18 2554 . 25% , CK 46%, BLDC 19% , (.) 8% 2% 31 2555 BIC 1,370 1,126


(Combined Heat and Power) 119 MW SPP- Firm 90 MW 20 Gas Turbine Generator (GTG) , Steam Turbine (ST) Heat Recovery Steam Generator (HRSG)

(2) - BIC 1,126 1,187 14 2556 - BIC 2554 2556 (COD)

2 2556 (3) BIC .

BIC 20-25 (MMSCFD) 25 (4) BIC - (.) 90 MW

- 20 (5) BIC 31 2555 5 . 1

2554 2555 0.19 1.01 2.72 21.93 () (2.53) (20.92) 79.58 220.26 1.11 2.71 78.47 217.55

. () 56-1 2555

1 84

(6) BIC 2554 - 2555 :

2554 2555 0.21 0 2.25 13.11 () (2.04) (13.14) 1,821.05 4,190.17 1,374.01 3,085.28 447.04 1,104.90

. () 56-1 2555

1 85

4.2 . 3 4.2.1 (Oil Business Unit)

(Regional Top Brand) (Best in Class) (Sustainability and Innovation) . (PTT Group Synergy) (Stakeholder Excellence)

7 .. 2543

.

. () 56-1 2555

1 86

- 7 - -

-

-

- - - -

-

. () 56-1 2555

1 87

4.2.1.1 3 1 2 3

1 (1) (Gasoline)

6 95 91 95 10 95 20 95 85 91

(2) (Diesel)

(3) (Aviation Fuel)

2

(Aviation Turbine Fuels) Turbofan Engine 2 (Jet A-1) (JP-8, JP-5)

(Aviation Gasoline)

(4) (Fuel Oil)

(Pour Point) 3 (Light Fuel Oil: LFO) 80 cSt 50 oC (Medium Fuel Oil: MFO) 180 cSt 50 oC (Heavy Fuel Oil: HFO) 280 cSt 50 oC

. () 56-1 2555

1 88

(5) (Kerosene) 2

(6) (Liquefied Petroleum Gas: LPG)

. ..2543 2

. (Additive) 3 7-Eleven Caf Amazon McDonalds A&W KFC S&P Chesters Grill

. () 56-1 2555

1 89

31 2555 . ()

7-Eleven 1,002 Caf Amazon 777 297 288 (, ATM) 719 Car Care 161

Rest Area 4

3,248 : .

4.2.1.2 3 (1) () (2) ()

(3) Supply Sales ... .. 2543 2

.. 2550 7 10 (1)

(Retail Marketing) (Network) . . 1,352 ( 31 ..2555) . () () () (2)

. () 56-1 2555

1 90

4 1,300 (Base Oil) . 1,600

Jet A-1, JP-8, JP-5, Avgas Bunker

. . 2 ( ) 6 4 109.3 1,175 165

2555 . 4 14 PERFORMA RD-2 SAE 10W-60 PTT Performa Super Synthetic SAE 0W-20 Eco Car Hybrid . PTT Lubricants Global Brand (3) Supply Sales .. 2543 .. 2550 7 10 . Supply Sales

. () 56-1 2555

1 91

:

2553 2554 2555 /1 40.4 39.7 38.8 30.3 31.5 32.0 50.3 64.3 64.0 (Jet A-1) 29.2 31.6 34.5 (JP-5, JP-8) 100.0 100.0 100.0 (Avgas) 100.0 100.0 100.0 31.1 32.1 30.9 ( .) 57.9 63.8 65.6 /2 37.6 37.5 38.8

- . 34.2 35.1 34.6 - . 34.5 35.8 35.3

: /1 /2

4.2.1.3

31 2555

. () 56-1 2555

1 92

2553 2554 2555

() () () () () () - 52,071 6,710 53,352 6,870 58,330 7,537 - 101,154 3,453 116,877 3,573 126,205 3,667 - 199 8 253 8 273 9 - 46,303 2,471 62,201 2,522 66,653 2,581 - 205,834 8,503 239,247 9,082 261,326 9,600 - 29,153 1,882 40,425 1,964 43,350 1,966 - 8,570 174 9,336 164 10,527 170 - /1 7,887 458 10,152 476 11,293 471

451,171 23,659 531,843 24,659 577,957 26,001 : . /1 7- Eleven Caf Amazon McDonalds A&W KFC S&P Chesters Grill

. () 56-1 2555

1 93

() 2553 2554 2555 - 188,871 213,865 229,126 -

- 21,091 27,241 30,608 - 33,368 34,635 40,066 - 51,992 71,780 77,300 - 17,210 19,063 21,423 - 11,274 13,202 16,566

- 7 122,936 146,761 156,652 - * 4,429 5,296 6,216 451,171 531,843 577,957

: . * . 1 2553

2555

- Platinum . PTT Life Station .

- PTT Fit Station 24 PTT Fit Station 30 2555

- PTT Free Wi-Fi (Wi-Fi) 2 User .1 . 2555 PTT Free Wi-Fi 311

- (Zero Waste) .

. () 56-1 2555

1 94

- 2555 E85 16 E20 670

- . PTT Performa Super Synthetic SAE 0W-20 Eco Car Hybrid API SN ILSAC GF-5

- . . . PTT Dynamic Plus PTT Dynamic

- PTT Gas Smart Shop .

- Caf Amazon Franchise Amazon 4 - SCG

- Amazon Bio Cup Go Green 100% PBS 8 - SCG . (3 )

- 8 Direct Approve

- (Thailand Quality Class: TQC) 2554 2555 TQC (Benchmarking) The Malcolm Baldrige National Quality Award

- Trusted Brand Award 2012 Readers digest 2555 . Platinum 4 12 Gold 2 Brand Platinum

- The Most Powerful Brands of The Year 2012 Gas Station

. () 56-1 2555

1 95

- "" 2555 "Thailand Automotive Quality Award" (TAQA Award 2012) 3 .

- PTT Performa Super Synthetic API-SN SAE 0W-30 () (Technologically Advanced and Green National Oil Company - TAGNOC)

- TPM Award for Excellence in TPM Consistency TPM Commitment (Consistency Award) 6 Award for TPM Excellence (Excellence Award) 1

- 2555 16

4.1.3 . .

4.1.3.1 PTT (Cambodia) Limited (PTTCL)

PTT (Cambodia) Limited 3 2543 . 100 20

PTTCL 1 PTT (Lao) Company Limited

(1) . (2)

PTTCL 2543 2555 14

(3)

. () 56-1 2555

1 96

PTTCL 31 2555 4 . 3 1 (4)

PTT (Cambodia) Limited 2553 - 2555 : 2553 2554 2555 (Unaudited)

142 234 273 142 235 274 () 139 232 270 () 3 3 4 29 42 61 20 30 45 9 12 16

4.1.3.2 Subic Bay Energy Company Limited (SBECL)

. Coastal Aruba Refining Company N.V. (Coastal) 4 50 : 50 25 2539 Subic Bay 31 2546 . Coastal Coastal

. 2 PTT Philippines Trading Corporation (PTTTC) PTT Philippines Corporation (PTTPC)

(1) . . (PTTT) (2)

. 2555 49

(3) SBECL 31 2555 5

.

. () 56-1 2555

1 97

(4) SBECL 2553 2555

: 2553 2554 2555 (Unaudited)

32,420 27,685 30,130 32,636 27,742 30,150 () 32,428 27,277 30,004 () 208 465 146 10,655 9,789 10,151 9,251 7,918 8,042 1,404 1,871 2,109

4.1.3.3 . (PTTRB) . . 100 25 2550

5.10 . (PTTRM) ( () (CTL)) , . (PTTRS) ( (JJS)) PTTRM, (TLBC)

2555

. 146 NGV 1 (Jiffy) 148 ( . 146 . 2 Energy Complex 2 Private Brand Jiffy PTTRS . PTTRM

(1) .

(Distribution Center) (2) .

Jiffy Joy NGV Private Brand Caf Amazon

. () 56-1 2555

1 98

(3) PTTRB 31 2555 3 . 2 1

(4) PTTRB ( ) 2553 2555

:

2553 2554 2555 (Unaudited) 37,397 40,660 43,645 37,698 41,011 43,704 () 37,609 40,904 43,510 () 89 108 194 11,653 11,871 11,718 7,849 8,093 7,759 3,804 3,778 3,959

4.1.3.4 Vietnam LPG Company Limited (VLPG)

. Petro Vietnam Gas Company (PVGAS) Vietnam LPG Company Limited 4 2537 15,038,547 PVGAS . 55 45 (LPG)

1 2553 PVGAS VLPG Petro Vietnam Southern Gas Company Joint Stock Company (PVGAS South) PVGAS

(1) LPG PVGAS South (Cylinder)

External Inspector (2)

VLPG Spot Sale 12 15 (Bulk) (3) VLPG 31 2555 5 . 2 PVGAS South 3

. () 56-1 2555

1 99

(4) VLPG 2553 2555

: 2553 2554 2555 (Unaudited)

813,759 1,163,335 1,186,146 839,087 1,174,538 1,202,791 () 826,343 1,144,803 1,178,291 () 12,744 29,735 24,500 412,601 475,446 350,075 305,461 340,493 247,012 107,140 134,953 103,063

4.1.3.5 (TLBC) . 48.95 .

51.05 18 2540 286

33.8 1 230 Loading Arm 100 (SKU) 200 SKU

(1) (TLB)

(additives) / additives TLBC

(2) (3) TLBC 31 2555 4 .

. () 56-1 2555

1 100

(4) TLBC 2553 2555

: 2553 2554 2555 (Unaudited)

130 133 139 137 142 148 () 116 112 116 () 21 29 32 604 509 427 285 177 85 319 332 342

4.1.3.6 Keloil-PTT LPG Sdn. Bhd. (KPL)

Keloil-PTT LPG Sdn. Bhd. 16 2542 . Keloil Bottling Sdn. Bhd. 40 : 60 (LPG) 10 5.4

2 Bachok Bukit 2 3,000

(1) LPG . (2)

LPG 2 (Cylinder) (Bulk) (3) KPL 31 2555 4 (. 2 Keloil Bottling Sdn. Bhd. 2 )

. () 56-1 2555

1 101

(4) KPL 2553 - 2555

: 2553 2554 2555 (Unaudited)

76 94 47 2 3 2 () 4 6 5 () (2) (3) (3) 42 34 26 43 38 32 (1) (4) (6)

4.1.3.7 (THAPPLINE)

9 2534 8,749 . . 33.19

(1) Thappline 3 - 255 26,000

. (BP/Q8)

38 3,000

- () 67 7,200

(2) Thappline 2 ()

. () 56-1 2555

1 102

(3) THAPPLINE 31 2555 10 . 3 7 (4)

THAPPLINE 2553 2555 :

2553 2554 2555 (Unaudited) 2,696 2,922 3,074 2,744 2,968 3,178 () 2,437 2,487 2,737 () 308 481 441 31,131 28,787 31,909 6,119 3,345 1,894 25,012 25,441 30,015

. () 56-1 2555

1 103

4.2.2 (International Trading Business Unit) () . . Trading Control System (TCS) . (PTT International Trading Pte.Ltd: PTTT) PTT International Trading DMCC (PTT International Trading Guangzhou Representative) (PTT International Trading Jakarta Representative) 50 4.2.2.1

5 4.2.2.1.1 (Crude oil)

10 4.2.2.1.2 (Condensate)

. () 56-1 2555

1 104

75 4.2.2.1.3 (Oil Refined Product)

1. (Gasoline) (Kerosene) (Aviation Fuel) (Gasoil) (Fuel oil)

2. VGO, Decant oil, LSWR 3. (Liquefied Petroleum Gas: LPG)

4. (Natural Gasoline: NGL) 5. (ASPHALT)

4.2.2.1.4 (Petrochemical Product) 1. Feedstock By-Product Naphtha, Pygas, Condensate Residue 2. Ethylene, Propylene 3. Benzene, Toluene, Mixylene, Orthoxylene, Paraxylene, Cyclo hexane 4. MTBE, Acetone, Ethanol, Ammonia

4.2.2.1.5

1. (Coal) 2. (Crude Palm Oil)

4.2.2.2 (International Trading) . 4 4.2.2.2.1 4.2.2.2.2 4.2.2.2.3 4.2.2.2.4

4.2.2.2.1 (Crude Oil and Condensate) (Physical Swap) (Processing) (1) (Domestic Crude Oil)

. () () () () () .

. () 56-1 2555

1 105

(Margin)

(2) (International Crude Oil) . .

. () (PTTGC) () (BCP) . (SPRC) . 36.00 () (TOP) 49.10 () (IRPC) 38.51 . .

. Out-Out Trading

. 5 . 75 5 . Trading Arm .. ..

. (3) (Condensate)

. PTTGC . . () PTTGC .

. :

: .

2553 2554 2555 33.0 10.6 28.2 9.5 27.7 8.5 29.0 9.4 29.7 10 32.8 10.1 166.2 53.7 159.8 54 171.0 52.7 13.7 4.4 15.8 5.3 12.6 3.9 / 67.8 21.9 62.8 21.2

80.4

24.8

309.7 100.0 295.6 100.0 324.5 100.0

. () 56-1 2555

1 106

4.2.2.2.2 (Oil Refined Product) . . (Physical Swap) . . PTTGC SPRC IRPC . Location Swap Blending (LPG) (NGL) . 4.2.2.2.3 (Petrochemical Product) . (Trading) (Main Petrochemical Products) (By-Products) . PTTGC Benzene, Toluene, Mixylene, Orthoxylene, Paraxylene . PTTGC PTTGC . PTTGC 4.2.2.2.4 (Coal) (Crude Palm Oil) . . 4.2.2.3 .

4.2.2.3.1 4.2.2.3.2

4.2.2.3.1 (Oil Price Risk Management) . . . Paper Swap Option Lock . .

. () 56-1 2555

1 107

. 4.2.2.3.2 (International Marine Transportation) . Time Charter . . . 4.2.2.4 (International Trading)

2555 1,569,421

2553 2554 2555 ()

()

()

()

()

()

- 661,132

41,928 841,676 39,683 951,900 43,686

- 112,933

7,312

155,910 7,422 164,339 7,913

- 180,318

11,463

233,116 11,358 365,085 17,556

- 68,606

2,972

112,311 4,221 88,097 3,184

1,022,989

63,675

1,343,013 62,684 1,569,421 72,339

: . 4.2.2.5 . (PTT International Trading Pte. Ltd. (PTTT))

. (PTT International Trading Pte. Ltd.: PTTT) 1 .. 2543 6,100,000 . 100% . Out-Out Trading

PTTT . . Trading Arm . (Fully Trading)

. () 56-1 2555

1 108

PTTT 1 PTT International Trading DMCC (PTTTDMCC) 2 (PTT International Trading Guangzhou Representative) (PTT International Trading Jakarta Representative)

(1) (Commodity)

(2) (Commodities) (Blending)

(3) PTTT 5 . 4 1

(4) PTTT 2553 - 2555

: 2553 2554 2555

3,191 4,929 6,145 3,193 4,930 6,146 () (3,193) (4,915) (6,183) () (0.30) 14.88 (37.26) 900.7 389.5 969.9 897.4 358.5 975.1 17.1 32.0 (5.2)

. () 56-1 2555

1 109

4.2.3 . . (Arm's

Length Basis) .

1. () 2. 3. 4. 5. 6. 7. 8. 9.

1. () 2. () 3. () 4. ()

4.2.3.1 4.2.3.1.1 () (PTTGC)

() (PTTGC) .. 2535 . () (PTTCH) . () (PTTAR) 19 2554 (Chemical Flagship) . 31 2555 . 48.89 PTTAR PTTCH 3 1

2,888,000 2,376,000 512,000 4 (Tailgas) (Cracker Bottom)

2,259,000 1,195,000 662,000 200,000 66,000 60,000 76,000

(HDPE) 800,000

. () 56-1 2555

1 110

(LDPE) 300,000 (LLDPE) 400,000 (PS) 90,000

(MEG) 395,000 50,000 50,000

380,000 / 107,000 315,000 53,500 (PLA) 75,000

(High Volume Specialty) 120,000 90,000 (TDI) 63,750 17,850

2 280,000 228,000 (LPG)

3

PTTGC PTTCH PTTAR

(1)

..

1) 2) . PTTGC (Feedstock Supply Agreement) 1 2552 PTTGC . PTTGC . (Basket of Crude Oil Prices)

. () 56-1 2555

1 111

(2) PTTGC

PTTGC () ()

HDPE PTTGC (Domestic Agent) (International Trader) HDPE InnoPlus PTTGC (PTTPM) PTTGC . IRPC .

PTTGC (Product Offtake Agreement) . PTTGC 70 . Reforming Complex Upgrading Complex PTTGC 100 PTTGC

PTTGC . . PTTGC PTTGC

(3) PTTGC 31 2555 15

. 6 () . . PTTGC

(4) PTTGC 2554 2555

2554 2555

500,305 562,811 504,760 568,319 () /1 474,727 534,318 () /2 30,033 34,001 372,966 436,062 164,512 198,017 208,454 238,045

: () /1 2554 3,102 2555 1,416 /2 () 2554 1,541 2555 448

. () 56-1 2555

1 112

4.2.3.1.2 (PTTPM) (1) 24 2548

. 40 . , PTTGC IRPC 50 : 25 : 25

PTTPM PE PTTGC, BPE PTTPE , PP (HMC) PS (TSCL) Nylon 6, EVA, PBT, PLA PBS

(2) PTTPM (Agents)

(3)

PTTPM 31 2555 8 . 4 . . (4)

PTTPM 2553 - 2555 :

2553 2554 2555 39,300 63,461 70,919 39,456 63,720 71,133 () 39,343 63,520 70,990 () 116 200 143 4,964 6,625 8,084 4,665 6,141 7,459 298 484 625

4.2.3.1.3 (PPCL) 4 2547 200,000 125,000

- (BPA) 150,000 BPA 17 2552 16 2554

BPA

. () 56-1 2555

1 113

. . PTTGC 40 : 60

27 2552 7,000 9,252 (92.52 100 ) 31 2555 PPCL 8,351.20

(1) 95,000 180,000

PTTGC

(2) BPA 16 :

84

(3) PPCL 31 2555 10

. 4 . . (4)

PPCL 2553 - 2555 :

2553 2554 2555 13,167 15,708 16,203 13,420 15,919 16,598 () 10,746 13,568 16,502 () 2,674 2,351 96 20,077 22,438 23,310 10,159 10,157 10,870 9,918 12,281 12,440

4.2.3.1.4 (HMC) 8 2526 Polypropylene (PP) 750,000

. Basell Thailand Holdings B.V. 41.44 : 30.00 : 28.56

(1)

. () 56-1 2555

1 114

HMC (Propylene)

(2) Polypropylene (PP) 65 : 35

(3) HMC 31 2555 10 . 4 . (4)

HMC 2553 2555 :

2553 2554 2555 17,699 29,175 30,360 17,957 30,835 30,741 () 15,713 25,937 27,240 () 2,244 4,898 3,501 39,978 39,685 42,063 15,800 16,064 15,690 24,178 23,621 26,373

(5) Propane Dehydrogenation and Polypropylene (PDH/PP) PDH 310,000

PP 300,000 388,000 . PP Specialty Grade PP Commodity Grade PP PDH 20 2553 16 2554

4.2.3.1.5 (PTTAC) 1 2549 Acrylonitrile (AN : ) 200,000

Methyl Methacrylate (MMA : ) 70,000 PMMA AKCC AN MMA

. , Asahi Marubeni 48.50 : 48.50 : 3 (1)

. () 56-1 2555

1 115

. Acetone (PPCL)

(2) 1 2556 (3) PTTAC 31 2555 6 .

1 . (4) PTTAC 2553 2555

: 2553 2554 2555

- - 1,279 660 8 1,281 () 443 913 1,975 () 217 (905) (694) 25,987 28,722 31,125 12,248 15,198 18,295 13,739 13,524 12,830

4.2.3.1.6 (PTTPL) 11 2549 .

. 1.65 . 1,200

. Achieve Cost Competitiveness .

88 1.2 .

(1)

. () 56-1 2555

1 116

PTTPL . PTTGC, BPE, HMC PTTPE PPCL

(2) PTTPL

Multi Modal (3)

PTTPL 31 2555 5 . . . PTTPL

(4) PTTPL 2553 - 2555

: 2553 2554 2555

721 1,381 1,668 728 1,395 1,682 () 710 1,118 1,282 () 18 277 400 3,045 2,942 3,195 1,809 1,429 1,285 1,236 1,513 1,910

4.2.3.1.7 (PTTME) 2547 () (60%)

( ()) Toyo Thai Corporation (40%) (NPTC)

8 2551 NPTC (APS) Toyo Thai Corporation () 18 2552 (PTTME) 31 2555 PTTME 200,000,000 136,848,600 . : PTTGC 40 : 60

(1) PTTME (Maintenance & Engineering: M&E) .

. () 56-1 2555

1 117

(2) PTTME 31 2555 5 .

2 (3)

PTTME 2553 - 2555

: 2553 2554 2555

1,430 1,933 2,248 1,442 1,948 2,253 () 1,263 1,802 1,907 () 179 146 47 795 1,028 1,420 343 513 929 452 515 491

4.2.3.1.8 (PTT Tank) (PTT Tank) 6 2552

() 100 2,500,000,000 ( 100 ) .

-- . 21 2554 2 Max. Cargo Size 60,000 DWT 2,000,000 Throughput Rate 200,000 / (Utilization 20%) 7 Sulfuric Acid, Propylene, Methyl Methacrylate, Acrylonitrile, Ammonia

(1) 31 2555 3 .

(2) PTT Tank 2553 - 2555

. () 56-1 2555

1 118

: 2553 2554 2555

(Unaudited) - 361 565 12 404 711 () 36 307 457 () (24) 97 254 3,710 4,359 4,450 1,247 1,801 1,643 2,462 2,558 2,807

(3) 30 2552 . . (.) 2 1 57.8 4.2.3.1.9 (PTTMCC)

. 2/2554 11 2554 . Mitsubishi Chemical Corporation (MCC) (Polybutylene Succinate PBS)

(1) . MCC (PTT MCC Biochem Company Limited PTTMCC) 30 .. 2554 360 . MCC 2554-2555

PBS : PBS IEE BOI 1/2556

BSA : Bio-Succinic Acid (BSA) PBS

(2) 31 2555 6 . 3

MCC 3 MCC .

(3) PBS Bio-Succinic Acid(BSA) 1,4 Butanediol (BDO)

BSA BSA BDO

. () 56-1 2555

1 119

Bio-based BDO

(4) 2554 2555

: 2554 2555

- - 7 8 () 15 37 () (8) (29) 359 329 7 6 352 323

. () 56-1 2555

1 120

4.2.3.2 . 4 () (TOP)

() (SPRC) () (BCP) () (IRPC)

. . . .

.

:

2553 2554 2555 /

()

/

()

/

()

TOP /1 275 261 95 283 103 278 101 SPRC/2 155 158 102 153 99 161 104 BCP/3 120 89 74 90 75 77 64 IRPC /4 215 174 81 160 74 175 81 PTTGC/5 145 145 100 131 90 146 100

: , . /1 2553 TOP (Heat Exchanger)

2(CCR-2) 15 3 10 2 13 1 (CDU-1) 7 1 (CCR-1) 11 1 (HCU-1) 14 2 (CDU-2) 2 (HDT-2) 10 ..-22 .. 53 2554 TOP 2 3 19 2555 TOP 2 (HDS2: Hydrodesulfurization2) 4 17 .. 55 1 (CDU-1) 1 (HDT-1) 1 (HVU-1) 15 .. - 10 ..55

/2 2553 SRPC PGP, RFCCU, HVGO, Platformer 4-9 .. 53 6 PGP, RFCCU, HVGO, Platformer, NHTU ,VDU CDU 4-8 .. 53 5 RFCCU

2554 SPRC Platformer 6-20 .. 54 15 PGP RFCCU 6-7 23 .. 54 3

HVGO 6-20 .. 54 15 RFCCU .. 54 .. 54 9 DHTU

15 .. - 21 .. 54 37

. () 56-1 2555

1 121

2555 RFCCU 24-26 .. 55 13-17 .. 55 8 DHTU 13-27 .. 55 15 NHTU 22 -30 .. 55 9

/3 2554 2555 BCP 3 .. 6 .. 54 32 25 .. -23 . . 55 30 3 80 4 .. 5 .. 55 125

/4 2553 IRPC 3 2554 IRPC 3 1

49 31 . 18 .. /5 PTTGC (PTTAR 2553) 2553 (Decoking)

(VBU)(NHT) 2.4 25554 1 .. -19 .. 47

2553 2555 :

2553 2554 2555 /1 18 21 20 49 46 46 / 38 36 32 125 126 140 32 32 32 5 4 4 33 46 54

301 310 328 :

/1 LPG 1 11.64 ( 1 0.0859 ) /2 4 PTTGC

. () 56-1 2555

1 122

:

2553 2554 2555

/

()

/

()

/

() TOP 276 80 / 20 305 87/13 296 88/12 SPRC 170 85 / 15 166 81/19 178 78/22 BCP/1 103 85 / 15 103 86/14 100 91/9 IRPC 140 63 / 37 135 64/36 157 61/39 PTTGC/2 152 64/36 151 68/32 193 70/30

: . /1 /

/2 PTTGC (PTTAR 2553)

4.2.3.2.1 () (TOP)

() 31 2555 . 49.10 50.90

TOP 2507 35,000 2550 220,000 2550 TOP Hot Oil TLB 1 TOP 5,000 225,000 2550 CDU-3 TOP 275,000 25 TOP . .

(1) TOP

Hydrocracking (HCU), Thermal Cracking (TCU) Fluid Catalytic Cracking (FCC) TOP

. () 56-1 2555

1 123

TOP . Product Offtake and Crude Oil Supply Agreement (POCSA) . TOP POCSA . . 49.99 TOP . . 100 POCSA

. TOP . TOP TOP

POCSA 12 13 POCSA

TOP EURO IV 7 Low NOx Burner Continuous Emission Monitoring System (CEMs)

(2) 2555 TOP 87 13

(3)

TOP 31 2555 15 . 2 . . TOP

(4) TOP 2553 2555 :

2553 2554 2555 318,391 446,241 447,432 324,352 448,773 451,659 () /1 315,114 433,602 439,076 () /2 8,956 14,853 12,320 147,148 154,568 170,676 71,578 69,534 79,953 75,570 85,034 90,724

: ()

. () 56-1 2555

1 124

/1 () 2553 3,035 2554 5,274 2555 1,789

/2 () 2553 210 2554 354 2555 336

(5) TOP

TOP TOP (Financial Discipline) TOP 350 10 9 2558 5 27,750 2556 2,750 2557 12,000 2560 2,500 2565 3,000 2570 7,500

(6) 2 (High Vacuum Unit) :

(Vacuum Gas Oil Waxy Distillated) (Short Residue) Deep Cut 3,000 1 2557

. : (Slack Wax) (Paraffin Wax) 36,000 1,085 2558

(SPP) Cogeneration : 2554 (Small Power Producer: SPP) Cogeneration Firm 2 90 2559 10,200

. () 56-1 2555

1 125

(Environmental Impact Assessment: EIA) 2 2556

. : . TOP-NTL Shipping Trust (Business Trust) . . VLCC 2 VLGC 1 2,000 (DWT) 2 (Crew Boat) 8 2556-2557 . . . . . .

(Solvent) : . 80,000 160,000 Hexane, Rubber Solvent, TOPSol A100, TOPSol A150 IsoPentane Pentane 2556

. : . Specialty Product Tailor Made Hydro-carbon Solvent 3 1) AEC 2) 3) . Representative Office Representative Office

. : 14 2555 . 300 . 2556 . 400,000

4.2.3.2.2 () (SPRC)

() 31 2555 . 36 64 ()

SPRC 2539 155,000 14

(1) SPRC

Residue Fluid Catalytic Cracking (RFCCU) SPRC

. () 56-1 2555

1 126

. (Chevron USA) () (Feedstock Supply Agreement)

(2) SPRC (Purchase and Sale Agreement)

SPRC 88,200 SPRC

2555 SPRC 78 22

(3) SPRC 31 2555 9 .

2 4 3 (4)

SPRC 2553 2555 :

2553 2554 2555 203,162 240,294 263,376 204,591 241,353 265,046 ()/1 199,028 233,468 260,350 () 5,563 7,885 4,697 71,835 81,103 81,798 19,774 21,156 33,982 52,061 59,947 47,816

: /1 () 2553 2,389 2554 3,424 2555 1,435 (5)

SPRC () .. 2535 SPRC 7 2555

4.2.3.2.3 () (BCP)

() 31 2555 . 27.22

. () 56-1 2555

1 127

BCP 2528 120,000 11 2555

(1) BCP PQI (Product Quality Improvement Project)

2552 Hydrocracking () () BCP Simple Refinery Complex Refinery BCP BCP TOP . BCP 2528 1

. (Feedstock Supply Agreement) 16 2549 12 PQI (Commercial Operation Date) . BCP

(2) 16 2549 . (Product Offtake Agreement)

BCP 12 PQI (Commercial Operation Date: COD) COD PQI . BCP 30% BCP

1)

2) : 2555 BCP 91 9

(3) BCP 31 2555 14

. 2

. () 56-1 2555

1 128

(4) BCP 2553 2555

: 2553/3 2554 2555

136,369 158,610 165,246 138,192 160,333 168,162 ()/1 135,303 154,701 163,860 () /2 2,796 5,610 4,273 58,412 61,596 70,853 35,632 31,717 38,530 22,780 29,879 32,323

: () /1 () 2553 995 2554 615 2555 715 /2 () 2553 76 2554 22 2555 30 /3 2554 19 31 2553 4,041 231 4,272 31 2554 2553

(5) 31 2555 1,531,643,461 1,376,923,157

1,376,923,157 1 15 2549 (BCP-

W1) 69,092,486 10 1 5 1 1 18 14 2554

31 2553 (BCP141A) 135,097 10,000 1,350,970,000

. () 58,560 10,000 585,600,000 2554

(6) (Cracking Unit)

378 BCP Complex Refinery

. () 56-1 2555

1 129

7 2552

BCP

2552 2555 (De-bottleneck) 360,000 300,000

BCP 583,000

21.28 1 2556 400,000 E20 E85

"Sunny Bangchak" (PPA) 118 (.)

(.) (Adder) 8 / 8 5 2554 16 2554 2 2555 (COD) 1 38 16 2555 BCP 2 (PPA) 32 1 2556 118

4.2.3.2.4 () (IRPC)

() (IRPC) () (TPI) 2525 2543 2540 15 2543 . 13 2548 . 31.5 26 2549 31 2555 . 38.51

. () 56-1 2555

1 130

High Density Polyethylene (HDPE), Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Styrene Acrylonitril (SAN), Expanded Polystyrene (EPS) Polystyrene (PS) (Economy of Scale)

(1) 90 (Crude)

IRPC . L/C,

(2)

. 25 27 2551

(Retail), , (Wholesales), 7, (Export) , Automotive Diesel Oil (ADO) (Fuel Oil) IRPC 2555 IRPC 61 39

(3) IRPC 31 2555 17 .

4 . . IRPC

(4) IRPC 2553 2555

. () 56-1 2555

1 131

:

2553 2554 2555 221,611 246,888 292,430 223,497 246,085 294,993 () /1 217,311 242,144 295,952 () /2 6,100 3,941 (959) 120,458 132,119 141,977 45,587 56,197 67,815 74,871 75,922 74,162

: () /1 2553 130 2554 85 2555 65 /2 () 2553 4 2554

11 2555 21 /3 2555

31 2554 57,841 48,797 9,044 2554 62 103 165

(5)

2555 ABS (ABS6) 2556 2555 ( ) ( ) 6 25

. () 56-1 2555

1 132

4.2.4 .

20 . 2563 LNG . 4.2.4.1 (PTTI) . 20 2550 (PTT International Company Limited PTTI) . LNG . 100,000,000 1 2550 . 100% 1 2552 2552 PTTI 100,000,000 16,600,000,000 1,650,000,000 10 1/2554 4 2554 19,445,000,000 1,944,500,000 10 36,045,000,000 31 2555 33,316,000,000 ( 3,331,600,000 10 )

(1) - East Mediterranean Gas (EMG): 16 2550 PTTI 1/2550

EMG . 25 36.75 Shareholders Loan . 621 21,735 EMG PTTI (Shareholders Loan) . 29 2550 4 2550 PTTI EMG 25 16,479

EMG MOU EMG Egyptian General Petroleum Corp. (EGPC)/Egyptian Natural Gas Holding Company (EGAS) 677 ./ 20 Al-Arish Ashkelon 1 2551 PTTI EMG 3

EMG 2551 25.48 2552 41.52 2553 42.50 2554 52.10 2554 EGAS EGAS EMG EMG PTTI

. () 56-1 2555

1 133

EMG 2 2554 PTTI (Recoverable amount) EMG 1 2554 (DCF method) 29 2554 EMG 2554 5,821.7 9,049.38

EGPC/EGAS EMG 13 Egyptian Natural Gas Holding Egyptian General Petroleum Corporation (EGAS/EGPC) EMG EGPC/EGAS EMG 18 2555 EMG EGAS/EGPC 22 . 2555 EGPC/EGAS 29 2555 EGAS/EGPC EMG EGAS/EGPC EMG EMG EGAS/EGPC PTTI EMG EMG

(Recoverable Amount) 30 2555 113.2 (Carrying Value) EMG 30 2555 PTTI EMG 240.1 7,406.48 ) EMG PTTI EMG PTTI 2/2555 126.94 . . 30 2555 3,972.32 127.46 3,988.43

- PTT Mining Limited: 26 2551 PTTI 5/2551 16 2551 PTTI Lints Limited ( PTT Mining Limited PTTML) (Shell Company) 10,000 1 PTTI 22 2552 PTTML Straits Resources Limited (SRL) Straits Bulk and Industrial Pty Limited (SBI) PTT Asia Pacific Mining Pty Limited (PTTAPM) 60 335 11,838.9 PTTAPM SRL (Holding Company) PTTAPM 47.1 Straits Asia Resources Limited ( Sakari Resources Limited (SAR))

. () 56-1 2555

1 134

SAR 100% Sebuku Jembayan 80 Laung PTTAPM 35 Red Island Mineral Limited (RIM) Sakoa Coal Basin 11 2553 PTTML SRL ( International Coal Holdings Pty Limited (ICH)) PTTML ICH 1.72 544.1 . SRL 15 2554 PTTML ICH 544,109,676 16,831,216,669 ( ) ICH 316,342,835 ( 1.72 ) ICH (Holding Company) 40 PTTAPM PTTI PTTML 100 PTTAPM 45.6 SAR

2 2555 PTTAPM PTTML 100 Investment & Option Agreement RIM 66.5 33.5 100 44.86 1,361.09

ptt: form 56-1 2012

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