Oil and Gas in Thailand

An Expert's View about Energy in Estonia

Posted on: 27 Sep 2010

Thailand has been pushing to increase the growth of its oil and gas industry. The growing number of projects in Thailand has exemplified this.

Oil & Gas ? Thailand Sector Report Oil and Gas Thailand Produced by: Vanchai Tanasoontararat, Trade & Investment Manager, British Embassy, Bangkok Nitcha Boonrungreung, Assistant Trade & Investment Manager, British Embassy, Bangkok Last revised: 26 August 2009 Whereas every effort has been made to ensure that the information given in this document is accurate, neither UK Trade & Investment nor its parent Departments (the Department for Business, Enterprise & Regulatory Reform, and the Foreign & Commonwealth Office), accept liability for any errors, omissions or misleading statements, and no warranty is given or responsibility accepted as to the standing of any individual, firm, company or other organisation mentioned. Published August 2009 by UK Trade & Investment. Crown Copyright © www.uktradeinvest.gov.uk Oil & Gas ? Thailand Table of Contents OVERVIEW 3 OPPORTUNITIES CHARACTERISTICS OF MARKET 6 KEY METHODS OF DOING BUSINESS 7 MORE DETAILED SECTOR REPORTS 8 PUBLICATIONS 9 CONTACT LISTS www.uktradeinvest.gov.uk Page 2 of 13 Oil & Gas ? Thailand OVERVIEW Thailand has been pushing to increase the growth of its oil and gas industry. The growing number of projects in Thailand has exemplified this. The emergence of natural gas as a viable option of energy has enhanced the value of the energy reserves. With limited domestic oil production and reserves imports make up a significant portion of the country's oil consumption. Thailand holds large proven reserves of natural gas and natural gas production has increased substantially over the last few years. However, the country still remains dependent on imports of natural gas to meet growing domestic demand for the fuel since it is the second largest consumer in Southeast Asia. After the downturn in the first half of 2009, Thailand's economy is expected to bottom out following several positive economic indices. The country's domestic energy demand will likely increase and boost E&P activity levels to meet the demand. Many E&P companies are seeking more petroleum potential possibilities. Although the Gulf of Thailand is now a relatively mature area, it still offers high potential for additional resources and continues to offer exploration opportunities, including development in marginal fields. The Thailand-Cambodia Overlapping Area also presents very inviting prospects for further exploration. At present, oil companies are operating on 40 exploration fields: 19 onshore and 21 in the Gulf of Thailand. OPPORTUNITIES Upstream Thailand?s upstream petroleum sector is expected to grow and the number of discoveries will continue to increase, particularly for natural gas, with reserves of over 14 trillion cubic feet (Tcf). Over 90% of these reserves are located offshore, in the Gulf of Thailand. The country has been able to attract several major international companies to its concessions, most notably Chevron, Mitsui Oil Exploration and Hess. Chevron is the biggest operator in Thailand followed by PTTEP the national oil & gas company. In 2008, the upstream activities, both onshore and offshore, were very active with increased activities in almost all operating areas. Last year, Thailand had a combined hydrocarbon production of 666 thousand barrels per day (KBD) - of which 461 KBD were natural gas, 77 KBD condensate and 128 KBD crude oil. A significant development of domestic upstream activity was the inauguration of the Arthit gas project, which successfully came on stream in March 2008. Arthit's processing facilities are designed to process up to 420 million cubic feet of natural gas per day. Arthit natural gas constitutes 10% of Thailand's natural gas consumption. At current production rates, with approximate 1.9 trillion cubic feet gas reserves, indigenous gas delivery will continue for at least another 20 years. Another significant upstream activity was the commencement of construction in the Platong Gas II whose partners are Chevron, operator with 69.8%, Mitsui Oil Exploration Co (27.4%) and PTT Exploration and Production (2.8%). Early last year Chevron awarded an Engineering, Procurement, Construction and Installation (EPCI) contract for the Platong Gas II central processing platform (CPP) and living quarters in the Gulf of Thailand with construction starting late last year. The Platong Gas II development is located in 70 metres depth of water, 120 www.uktradeinvest.gov.uk Page 3 of 13 Oil & Gas ? Thailand miles offshore in the Gulf of Thailand and is designed for a processing capacity of 420 million cubic feet of natural gas per day. th The 20 Petroleum Concession Bidding Round th The Ministry of Energy announced the 20 Petroleum Concession Bidding Round on 23 May 2007 inviting oil companies to bid for 65 exploration blocks, 56 onshore and nine offshore in the Gulf of Thailand. The bidding round generated interest from oil and gas companies and there were applications for 52 exploration blocks. After screening by the Department of Mineral Fuels (DMF) and review by the cabinet, 27 exploration blocks (19 onshore and eight offshore blocks) were approved and granted to the applicants last year. As a result, the oil and gas companies will be investing heavily in developing these blocks over the next five years. th The successful completion of the 20 Petroleum Concession Bidding round as well as the Energy Ministry's commitment to further promote petroleum exploration for energy security will likely prompt the Department of Mineral Fuels to consider a future concession bidding round in the next few years. Natural Gas Transmission and distribution pipeline networks Other opportunities exist in the natural gas transmission pipeline network and the natural gas distribution pipeline network. Under Pipeline Master Plan 3, PTT's pipeline network will increase total offshore capacity from 2,940 to 4,140 million cubic feet per day (MMSCFD), total onshore capacity from 2,400 to 3,800 MMSCFD and the western network capacity from 1,300 to 2,000 MMSCFD in 2012. The total length of the pipeline will increase from 3,535 km to 4,198 km. For the natural-gas distribution pipeline network, which was designed to promote the industrial sector, PTT's network is commonly found in the central region, branching off from transmission pipelines to industrial development areas. The total length of the distribution pipelines is 920 km at present and will be expanded to 1,650 km by 2012. PTT will resume work on a 30-billion-baht onshore pipeline to meet rising demand for natural gas for vehicles (NGV), in response to government policy to promote the fuel. PTT is expected to start building the 30-billion-baht gas pipeline next year. However, it will scale down the project, cutting a planned link to the southern provinces and lowering the cost from 55 billion. One route costing 18 million Baht will run for 200 km from Ayutthaya to Nakhon Sawan. The second 150-km route costing 12 billion Baht will run from Saraburi to Nakhon Ratchasima. NGV consumption is expected to rise 27% from current levels to 4,600 tonnes per day by the end of this year, as more drivers seek to switch from costly petrol and diesel. LNG Business Thailand is expected to reach an agreement soon to secure up to 2 million tonnes a year of liquefied natural gas (LNG) from Qatar, with deliveries to start in the second half of 2011. The Qatari LNG would strengthen security of gas supplies, for which Thailand has mainly relied on neighbouring countries, especially Burma. PTTEP plans to use its offshore oil field in Australia as a base for LNG production. It expects some blocks in Australia have contingent gas resources of as much as 800,000 million standard cubic feet. It sees this as a great potential to produce 1- 2 million tonnes a year of LNG over the next five years. PTTEP will join with its parent, PTT, to develop a LNG plant that will use supplies from its existing natural gas fields. PTT's 30-billion-baht LNG receiving terminal at Map Ta Phut in eastern Thailand is expected to be operational at the end of 2011 with an annual capacity of five million tonnes. www.uktradeinvest.gov.uk Page 4 of 13 Oil & Gas ? Thailand Decommissioning for Upstream Installations Thailand oil and gas industry has been successful in discovering and utilising the hydrocarbon reserves for over three decades. Although more than 100 onshore installations and over 200 offshore installations have been installed in Thailand, more are being constructed and expected to double in numbers in the next decade. These installations are required by law to be decommissioned at the end of their production period or concession cessation. According to the amendment to the Petroleum Act B.E. 2550 (2007), substantial clauses are provided to govern on the decommissioning of facilities used for petroleum operation. The outstanding issues related to Thailand upstream facilities decommissioning such as Regional Decommissioning Environmental Assessment (RDEA), Rigs- to-Reefs option, and the Best Practical Environmental Option (BPEO) are to be pursued in order to pave the way for decommissioning in the near future and ultimately gain public acceptance for E&P facilities decommission in Thailand. Therefore, upstream installations decommissioning in Thailand is quite challenging and offers a lot of opportunities. Downstream Regarding downstream, refinery production in 2008 decreased slightly from 2007 to 854 KBD - of which the balance of domestic consumption was exported to the region. Refinery production remained high at 89% of total installed capacity. Refining margins rose to double digits around middle of last year due to tight supply but steeply declined in the second half due to poor economic conditions. All local refineries experienced heavy losses on inventory write-down due to decreasing product prices towards the end of the year. Thailand's oil refineries are likely looking for more export channels for a possible surplus as more and more motorists switch to alternative fuels and LPG. The government has also set a target for gasohol to replace 15% of gasoline now in use by 2011 and is heavily promoting consumption by widening the price gaps between premium petrol and ethanol-blended fuels. Likewise, diesel surplus is also anticipated as commercial vehicles are switching to the heavily promoted and subsidised CNG (or locally-called NGV). As counter-measures against high oil prices, the government decided in 2008 to accelerate the use of agro-based fuels. E20, a blend of 20% crop-derived ethanol and 80% conventional gasoline was launched in early 2008 as part of the government's effort to cut fossil fuel consumption and imports. Thailand is the first country in ASEAN to introduce E20. Another milestone in 2008 was the launch of the controversial E85, an 85% ethanol blend, in August 2008 by PTT and followed by Bangchak in October. However, a comprehensive government plan to push forward E85, including incentive for automakers to produce E85 cars, is still vague and under debate, with the last change in government further slowing momentum. As for biodiesel, 2008 marked the national launch of B2 diesel (2% methyl ester) to totally replace conventional diesel, two months ahead of the government's original schedule. The government foresees that biofuels would substitute conventional gasoline and diesel by 15%, with ethanol output at 6 million litres per day and biodiesel at 5 million litres per day. Specifically, gasohol E10, E20 and E85 would account for 60%, 20% and 20% of petrol consumption respectively. UKTI publishes international business opportunities gathered by our network of British Embassies, High Commissions and Consulates worldwide. These opportunities appear in the Opportunities portlet on the relevant sector and country pages on the UKTI website. By setting www.uktradeinvest.gov.uk Page 5 of 13 Oil & Gas ? Thailand up a profile you can be alerted by email when relevant new opportunities are published. New or updated alert profiles can be set in My Account on the website. CHARACTERISTICS OF MARKET ? Thailand's energy demand has been growing along with the country's economic expansion. ? Its current energy demand is around 1.6 million barrels per day of oil equivalent. Oil is major source of energy supply of which almost 90% is imported. ? The government has initiated a policy on energy efficiency and conservation by promoting the use of natural gas resource indigenous to the Gulf of Thailand. ? In 2008, natural gas contributed around 40% to the energy supply. With its plan to expand the utilisation of natural gas, the fuel will become the major energy supply source for Thailand. ? Over the next decade, the share of natural gas in the energy fuel mix will be maintained at about 44% in 2017. ? Thailand's current natural gas proved and probable (2P) reserves stand at about 21 trillion cubic feet while the proved, probable and possible (3P) reserves amount to 30 trillion cubic feet. IN 2008, Thailand consumed about 3,610 MMSCFD. ? Around 70% of this volume, or 2,527 million standard cubic feet per day (MMSCFD), comes from the Gulf of Thailand, 27% (975 MMSCFD) from the Yadana and Yetagun fields in Burma, and the remaining 3% from onshore fields. ? On the demand side, the country's consumption is driven by power generation, accounting for 70% and gas-separation plants (GSPs) at 17%. The demand for petrochemical feedstock, as well as the industrial sector at 10%, increases the latter share while the natural-gas vehicles (NGV) industry, initiated and supported by the government, currently accounts for 3%. ? For 2022, natural-gas demand for the power sector is projected at 61%, GSP at 15%, the industrial sector at 13% and natural-gas vehicles at 11%. PTT Plc PTT Plc is the national integrated energy and petrochemical company. PTT and PTT Group engage in fully integrated natural gas business covering the full spectrum of natural gas businesses i.e. exploration and production from both domestic and overseas sources, transportation of natural gas via pipeline system, gas separation as well as marketing of natural gas. By operating pipeline system both onshore and offshore, PTT maximises value of natural gas through its five units of gas separation plants, which extract raw material and gas products for petrochemical plants. PTT markets its oil products through the largest network in Thailand, or over 1,140 stations nationwide (excluding 146 stations under management of PTT Retail Management Co., Ltd). PTT has invested in and partnered with subsidiaries and associated companies in related businesses both domestically and internationally. PTTEP As the second largest player in exploration and production in Thailand, PTTEP, a subsidiary of PTT Plc - the national oil company, has actively increased production over the past years by enhancing output from existing projects, accelerating new development projects, and expanding both domestic and overseas investment. PTTEP expects to explore opportunities in Asia-Pacific countries, including Indonesia, Myanmar/Burma, Malaysia, Vietnam, Cambodia and www.uktradeinvest.gov.uk Page 6 of 13 Oil & Gas ? Thailand Australia. In the Middle East, PTTEP has made prominent successes in Oman and Iran. It has also entered into an agreement with Bahrain for study of petroleum potential in the country. As of December 2008, PTTEP invested in a total of 37 companies, consisting of 31 subsidiaries and six associated companies. It has invested in 42 E&P activities, with 15 core projects currently under production being domestic and 27 projects being overseas. KEY METHODS OF DOING BUSINESS The Thai government's policies and the National Economic and Social Development Plan aim to support the free market, and to encourage an increasing role for the private sector in economic and social development on the basis of a self-sufficiency philosophy. The government is strongly committed to the development of alternative energy and efficiency as indicated above. Moreover, private participation in power generation and the use of renewable sources is being promoted. UK companies that are interested in doing business in Thailand are encouraged to co-operate with strategic local partners or agents, in order to understand local needs and to be able to operate the business in line with local culture. To operate a business, or work successfully with local companies, cultural aspects should not be neglected. Thais like to build relationships with potential business partners, so it is not a market where you are likely to send out a few brochures and watch the orders roll in. But for those ready to do the initial research and develop relationships with Thai companies, the opportunities are clearly there. It is very important that UK companies appear to have a local presence in Thailand, either through local representatives, representative office or joint venture companies. Such a presence shows that UK companies are serious about the market and are willing to provide local technical support to their partners and customers. The Thai market is still a price-oriented market. Technical support is the second most important issue after pricing. The principal forms of business organisations under Thai law are sole proprietorships, partnerships, private limited companies and public limited companies, i.e. similar to most countries. Additionally, branches of foreign corporations may be registered for business in many sectors. A representative or liaison office of a foreign company may also be recognised. However, the most popular form of business organisation among foreign investors is the private limited company. To form a private limited company requires a minimum of seven shareholders who must file a memorandum of association, convene a statutory meeting, register the company and obtain a company income tax identity card. They must also follow accounting procedures prescribed in the Civil and Commercial Code, the Revenue Code and the Accounts Act. A balance sheet must be prepared once a year and be filed with the Department of Revenue and the Department of Business Development. Moreover, companies are required to withhold income tax from the salary of all regular employees. When visiting Thailand, research the market and the companies you intend to contact. ? Many Thai companies have websites - some of them in English. Much information is therefore readily available on both government and corporate websites. ? Plan your visit - organise appointments before you depart the UK. Follow up with telephone calls on arrival to confirm availability. Meetings can be arranged over breakfast, lunch or dinner. ? Arrange a market discussion with the relevant UKTI Trade & Investment Manager at the British Embassy in Bangkok. ? Take plenty of business cards and corporate literature. www.uktradeinvest.gov.uk Page 7 of 13 Oil & Gas ? Thailand ? Follow up meetings by letter/fax on return to the UK. If possible, keep the Embassy informed of progress. ? Do not expect to be able to do business immediately, or necessarily on the first visit to Thailand. ? Think about intellectual property rights issues. ? Get professional legal advice on setting up a local company and research business partners thoroughly. Due diligence investigations are recommended. UK companies are not disadvantaged in this marketplace and often are still seen as natural partners by the Thai business community. However, this is changing rapidly and there is a strong European (e.g. France, Norway, Belgium), and American presence in the country. Therefore, UK companies need to be pro-active in the marketplace, if they feel that their skills and technologies are appropriate. UK companies interested in the market are strongly recommended to use the services available, both commercially and through UK Trade & Investment to assess their specific market sectors in advance of market visits. They should avail themselves of the support from UKTI for Vertical Trade Missions. They should also attend appropriate exhibitions and seminars so that they can see, at first hand, if the market is suitable for their products and services. These websites also offer useful guidelines to doing business in Thailand: The Board of Investment - www.boi.go.th The Ministry of Foreign Affairs - www.mfa.go.th Other background information on doing business in Thailand can be found on UKTI?s website. Simply go to the Thailand country page where you will find information on: ? Economic background and Geography ? Customs & Regulations ? Selling & Communications ? Contacts & Setting up ? Visiting and Social hints and tips MORE DETAILED SECTOR REPORTS Research is critical when considering new markets. UKTI provides market research services, which can help UK companies doing business overseas including: ? Overseas Market Introduction Service (OMIS). Bespoke research into potential markets, and support during your visits overseas ? Export Marketing Research Scheme. In depth and subsidised service administered by the British Chambers of Commerce on behalf of UKTI Contact your local International Trade Advisor if you are interested in accessing these services, or for general advice in developing your export strategy. When considering doing business in Thailand, it is essential to obtain legal, financial and taxation advice. A useful contact list of lawyers and other relevant professional bodies as well as further information on the Oil & Gas sector in the country is available from the Embassy. To obtain further information on doing business in the oil and gas industry in Thailand, please contact: Vanchai Tanasoontararat www.uktradeinvest.gov.uk Page 8 of 13 Oil & Gas ? Thailand Trade & Investment Manager British Embassy 14 Wireless Road Bangkok 10330 Thailand Tel: +(66) 2305 8333, +(66) 2305 8257 (direct) Fax: +(66) 2255 8619, +(66) 2253 7121 Email: vanchai.tanasoontararat@fco.gov.uk Websites: www.uktradeinvest.gov.uk and www.ukinthailand.fco.gov.uk PUBLICATIONS A monthly electronic newsletter "Asia Pacific Oil & Gas Newsletter" is produced to provide coverage of major developments in the oil and gas industry in the Asia Pacific region. If you would like to be added to the distribution of this newsletter, please contact JenniferML.Wong@fco.gov.uk. The Newsletter is also available on the UKTI website - navigate to Oil & Gas Page - Further Information portlet at bottom of page. Tradeshow Access Programme (TAP) UK Trade & Investment?s Tradeshow Access Programme (TAP) can help eligible UK businesses take part in overseas exhibitions. Attendance at TAP events offers significant benefits: ? possibilities for business opportunities both at the show and in the future ? chance to assess new markets and develop useful contacts ? grants are available if you meet the criteria ? UKTI staff overseas will be available to assist delegates Find out if you are eligible to apply to attend an event and more about the support UKTI can offer on the UKTI website?s Market Entry page. Market Visit Support may be available via your local International Trade Advisor. CONTACT LISTS UK Government Oil & Gas Contacts John Crawford Head of China, SE Asia and Australia Unit International Oil and Gas Business Directorate UK Trade & Investment Tay House 300 Bath Street Glasgow Tel: +44 (0) 141 228 3674 Fax: +44 (0) 141 228 3627 E-mail: John.Crawford@ukti.gsi.gov.uk Website: www.uktradeinvest.gov.uk National Oil & Gas Contacts Pornchai Rujiprapa www.uktradeinvest.gov.uk Page 9 of 13 Oil & Gas ? Thailand Permanent Secretary Ministry of Energy 17 Kasatsuk Bridge, Rama 1 Road Rongmuang Road Pathumwan Bangkok 10330 Tel: 66 (0) 2 226 2174 Fax: 66 (0) 2 226 3815 E-mail: pornchai@energy.go.th Website: www.energy.go.th Kurujit Nakornthap Director General Department of Mineral Fuels th 25 Floor Shinawatra Tower III 1010 Viphavadi Rangsit Road Chatuchak Bangkok 10900 E-mail: Kurujitc@dmf.go.th Website: www.dmf.go.th Exploration & Production Companies Apico LLC Suite 14-08, Empire Tower 195 South Sathorn Road Yannawa, Bangkok 10120 Tel: 66 (0) 2 659 5805 Fax: 66 (0) 2 659 5810 Chevron Thailand Exploration and Production Ltd 5/F Tower 3, SCB Park Plaza 19 Ratchadapisek Road Chatuchak, Bangkok 10900 Tel: 66 (0) 2 545 5555 Fax: 66 (0) 2 545 5554 Website: www.chevron.com Mitsui Oil Exploration Co Ltd 12/F, Q House Lumpini Building 1 South Sathorn Road Tungmahamek, Bangkok 10120 Tel: 66 (0) 2 677 7520 Fax: 66 (0) 2 677 7527 Website: www.moeco.co.jp NuCoastal (Thailand) Ltd 24/F Unit 2401 Two Pacific Place Building 142 Sukhumvit Road Klongtoey Bangkok 10110 Tel: 66 (0) 2 610 0555 Fax: 66 (0) 2 610 0541 Website: www.nucoastal.co.th www.uktradeinvest.gov.uk Page 10 of 13 Oil & Gas ? Thailand Northern Gulf Oil (Thailand) Co Ltd 123 Sun Towers B Building, Room B205, 2/Fl Vibhavadi Rangsit Road Chom Pon, Chatuchak Bangkok 10900 Tel: 66 (0) 2 617 6107 Fax: 66 (0) 2 617 6104 Pan Orient Energy (Thailand) Ltd 555 Rasa Tower 2, 12/F, Unit 1203 Phaholyothin Road Chatuchak Bangkok 10900 Tel: 66 (0) 2 937 1124-9 Fax: 66 (0) 2 937 1130 Pearl Oil (Thailand) Limited 10th Fl, SCB Park Plaza West Tower II 18 Ratchadapisek Road Chatuchak, Bangkok 10900 Tel: 66 (0) 2 792 9777 Fax: 66 (0) 2 792 9742 Website: www.pearlenergy.com PTT Exploration and Production Public Co Ltd PTTEP Office Building 555 Vibhavadi Randsit Road Chatuchak Bangkok 10900 Tel: 66 (0) 2 537 5654, 537 4000 Fax: 66 (0) 2 537 4444 Website: www.pttep.com Salamander Energy (Bualuang) Limited Unit 1702/2 Q House Lumpini Building 1 South Sathorn Road Tungmahamek, Sathorn Bangkok 10120 Tel: 66 (0) 2 620 0801 Fax: 66 (0) 2 620 0820 Website: www.salamander-energy.com Total Exploration & Production Thailand 123 Sun Towers B, 22/F Vibhavadi Rangsit Road Soi Choei Puang Chompol Chatuchak, Bangkok 10900 Tel: 66 (0) 2 617 6464 Fax: 66 (0)2 617 6454 Website: www.total.com Hess (Thailand) Ltd 27th Floor, Central World Building 999/9 Rama I Road Pathumwan, Bangkok 10330 www.uktradeinvest.gov.uk Page 11 of 13 Oil & Gas ? Thailand Tel: 66 (0) 2 620 1400 Fax: 66 (0) 2 646 1300 Website: www.hess.com Downstream Companies Bangchak Petroleum Public Co Ltd 210 Sukhumvit 64 Road Prakanong, Bangkok 10260 Tel: 66 (0) 2 335 4999 ext 4301 Fax: 66 (0) 2 335 4009 Website: www.bangchak.co.th BG Asia Pacific Pte Limited A2401, 24/F, Cyberworld Tower A 90 Ratchadapisek Road Huaykwang, Bangkok 10320 Tel: 66 (0) 2 168 3080 Fax: 66 (0) 2 168 3088 Website: www.bg-group.com ExxonMobil Co Ltd 3195/17-29 Rama IV Road Klongton, Klongtoey Bangkok 10110 Tel: 66 (0) 2 262 4000 Fax: 66 (0) 2 262 4800 Website: www.exxonmobil.co.th PTT Plc 555 Vibhavadi Rangsit Road Bangkok 10900 Tel: 66 (0) 2 537 2065 Fax: 66 (0) 2 537 2070 E-mail: somdaj.p@pttplc.com Website: www.pttplc.com PTT Aromatics & Refining Public Co Ltd 8, I8 Road, Maptaphut Industrial Estate Maptaphut, Mueang Rayong 21150 Tel: 66 (0) 38 949 000 Fax: 66 (0) 38 949 222 Website: www.pttar.com Shell Companies in Thailand 3/F Shell House, 10 Soonthornkosa Road Klongtoey, Bangkok 10110 Tel: 66 (0) 2 262 7700 ext 6583 Fax: 66 (0) 2 240 2862 Website: www.shell.co.th Thai Oil Public Co Ltd Refinery Plant www.uktradeinvest.gov.uk Page 12 of 13 Oil & Gas ? Thailand 42/1 Moo 1, Sukhuvmit Highway Km 124 Tungsukhla, Sriracha Chonburi 20230 Tel: 66 (0) 38 408 500 ext 1600 Fax: 66 (0) 38 351 554 Website: www.thaioil.co.th IRPC (Integrated Refinery & Petrochemical Complex Public Co Ltd) Suntowers Building 123 Vibhavadi-Rangsit Road Chatuchak Bangkok 10900 Tel: 66 (0) 2 649 7000, 649 7777 Fax: 66 (0) 2 649 7001 Website: www.ircp.co.th Star Petroleum Refining Co Ltd 1 Mabtaput Industrial Estate 1-3B Road Muang Rayong Rayong 21150 Tel: 66 (0) 38 699100, 699000 Fax: 66 (0) 38 699999 (A subsidiary of Chevron Thailand) UKTI?s International Trade Advisers can provide you with essential and impartial advice on all aspects of international trade. Every UK region also has dedicated sector specialists who can provide advice tailored to your industry. You can trace your nearest advisor by entering your postcode into the Local Office Database on the homepage of our website. For new and inexperienced exporters, our Passport to Export process will take you through the mechanics of exporting. An International Trade Adviser will provide professional advice on a range of services, including financial subsidies, export documentation, contacts in overseas markets, overseas visits, translating marketing material, e-commerce, subsidised export training and market research. www.uktradeinvest.gov.uk Page 13 of 13
Posted: 27 September 2010

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