PTTEP announces 2025 operational performance and targets to increase in average sales volume by 10% in 2026.
PTTEP reported successful operating results for 2025 in line with its plan, reflecting the company’s mission in strengthening Thailand’s energy security while delivering solid growth to the company and consistent returns to shareholders, with a proposal of dividend payment of 8.75 baht per share. PTTEP targets an increase in average sales volume by 10% this year.
During the year, PTTEP contributed over 49.8 billion baht to the government through royalties and taxes, to support national development.
For 2026, PTTEP aims for an increase in average sales volume by 10%.
Montri Rawanchaikul, chief executive officer of PTT Exploration and Plc (PTTEP), said that in 2025 the company made significant progress in executing its strategic plan.
In supporting Thailand’s energy security, PTTEP acquired a 50% participating interest in the Malaysia–Thailand Joint Development Area (MTJDA) A18 Project, a key natural gas resource for electricity generation to serve energy demand in Southern Thailand.
The company also increased natural gas sales of the Arthit field in accordance with its gas sales agreement, with production level increased from 280 to 330 million standard cubic feet per day, to help meet domestic energy demand.
Meanwhile, Contract 4 Project or Block B12/27, in which PTTEP holds a major participaing interest, received a 10-year production period extension from the Department of Mineral Fuels, effective from 2028 to 2038.
This project is one of the country’s important petroleum resources, accounting for more than 13% of Thailand’s domestic natural gas production.
In addition, PTTEP acquired an additional interest in the Sinphuhorm Project, increasing its participating interest to 90%. Natural gas from this field is a key supply for electricity generation in Northeastern Thailand.
To boost investment in overseas
For international investments to support long-term growth, PTTEP expanded its presence in Algeria through the award of the Reggane II Block, which includes discovered gas fields and areas with further exploration potential.
In Malaysia, the company partnered with TotalEnergies in Block SK408, immediately enhancing the company’s production volume and petroleum reserves.
PTTEP achieved to reduce emissions
Driven by a dedication to implementing substantial GHG emissions reduction projects, PTTEP reduced GHG emissions by more than 568,000 tonnes of carbon dioxide equivalent in 2025 through emissions reduction initiatives across PTTEP’s operations.
PTTEP achieved a reduction in GHG emissions intensity of 19.5% compared with the 2020 base year.
PTTEP announced its Final Investment Decision (FID) CCS Project at the Arthit field to advance the project into concrete implementation. As part of the Nationally Determined Contribution (NDC) Action Plan on Mitigation 2021–2030.
The project is currently in the detailed engineering design phase, with carbon dioxide storage targeted to commence in 2028. This initiative is expected to capture and store up to 1 million tonnes of carbon dioxide per year.
For the 2025 financial performance, PTTEP generated a total revenue of 294.84 billion baht (equivalent to USD 8,970 million). The average petroleum sales volume reached a record high of 509,906 barrels of oil equivalent per day, an approximate 4% higher than the previous year.
Net profit of 60.27 bn baht
The increase was primarily driven by the gas production. Meanwhile, the average selling price decreased to USD 43.82 per barrel of oil equivalent, lowered 6% following a decline in global crude prices. As a result, the company reported a net profit of 60.27 billion baht.
PTTEP paid 49.8 billion baht of income taxes, royalties and other remunerations to the government. This strongly supports national development in various areas such as community, education and research & development (R&D).
Dividend payment at 8.75 baht per share
The Board of Directors has proposed a 2025 dividend payment of 8.75 baht per share, representing a dividend payout ratio of 59% of net profit, or a total dividend payment of 34.73 billion baht.
The interim dividend for the first six-month performance of 2025 at 4.10 baht per share was paid on August 22, 2025, while the remaining dividend of 4.65 baht per share will be paid on April 22, 2026, following an approval at the 2026 annual general shareholdings’ meeting.
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