International Trading Business Unit operates fully-integrated international business to enhance national energy security in parallel with the expansion of the trading base to all regions of the world. The business unit covers procurement, import, export and international trade in several products including: crude oil, condensate, LPG, petroleum and petrochemical products, chemical solvents, crude palm oil, refined palm oil, palm kernel shells and other commodities. The business units also in charge of price risk management and international chartering in order to achieve our target to become the leading multinational trading company, enhance energy security for the Kingdom, and strive for Thai pride in the international trade arena.
The business unit has appointed subsidiaries and representative offices in commercial hubs around the world including Singapore, Dubai; United Arab Emirates, Shanghai; China, Jakarta; Indonesia, and London; UK. Today, the business unit is managing business transactions around the world. Since international trading transactions are high in value, they need an effective risk control system under the best practices adopted by leading international trading houses. Meanwhile, we also utilize information technology system for transactions to enable quick, transparent, and efficient control.
Ensuring energy security for Thailand, International Trading Business Unit fulfills the role in securing crude oil and condensate to serve demand of domestic refineries from both local fields and extensive international productions with barrel, price and quality in line with country energy consumption.
Aside from creating sustainable energy security of Thailand, we have continuously developed worldwide trading expansion to strengthen crude oil and condensate trading base in international market and create ripples of value-added return back to the country. With many years of trading expertise and operational excellence, we are among major regional players of crude oil and condensate with far-reaching trading network and business alliances around the globe including Middle East, Asia Pacific, Africa, Europe and America.
