PTT reports 74% profit increase in first half of 2026

PTT Public Company Limited reported a net profit of 78.263 billion baht for the first half of 2026, representing a 74% increase compared to the same period last year. CEO Kongkrapan Intrajang attributed the growth to strategic management of the hydrocarbon supply chain and effective response to geopolitical instability in the Middle East.

To ensure national energy security, PTT is diversifying its crude oil sources and expanding its Liquefied Natural Gas (LNG) portfolio. The company aims to reach 3.7 million tons of LNG by the end of 2026, with long-term targets of 10 million tons by 2030 and 15 million tons by 2035.

In conjunction with its financial performance, PTT celebrated its 48th anniversary. During the event, Deputy Prime Minister Pakorn Nilprapan emphasized the company's critical role as a state enterprise in driving the Thai economy and maintaining energy stability amidst global challenges.