PTT Exploration and Production Public Company Limited (PTTEP) has increased natural gas extraction in the Gulf of Thailand to its maximum possible levels to safeguard national energy security. The move comes in response to potential global energy supply disruptions caused by instability in the Middle East. The company is also postponing non-essential maintenance at its gas fields to ensure an uninterrupted supply to the national grid.
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On Monday, March 02, 2026, PTTEP confirmed it had activated its comprehensive Business Continuity Plan (BCP) to shield Thailand from the impact of international energy shocks. The measures are designed to insulate the Thai public and industrial sectors from potential shortages. The company said it is monitoring the situation with “the utmost vigilance”.
PTTEP announced that it has successfully evacuated personnel from high-risk zones in line with strict corporate safety protocols and official guidance from the Ministry of Foreign Affairs. Despite regional unrest, its exploration and production projects in the United Arab Emirates and Oman remain operational at this time. The company stressed that staff safety and continuity of supply remain its priorities.
As part of its response, PTTEP is aligning its operations with the Ministry of Energy’s stability policies. Key steps include maximising domestic gas production in the Gulf of Thailand and reviewing maintenance schedules to delay non-essential work. These adjustments are intended to prevent any disruption to energy flows feeding into the national grid.
“We prioritise the safety of our staff and the energy security of the nation above all else,” a company spokesperson said. “By maximising our output in the Gulf of Thailand, we aim to minimise any adverse impact on the public and the wider economy.”
The Nation reported that the company stated that it will continue to assess the evolving geopolitical situation and adjust its response as necessary. Further updates may be provided as developments unfold.
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Adapted by ASEAN Now Nation 3 Mar 2026