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On 7 August 2013 media said that the Department of Special Investigation had seized an oil supply line, suspected of being faulty. The crude oil spill had occurred 20 km off Thailand's mainland, "when a floating hose transferring oil from a tanker to a PTT refinery pipeline broke sending 50,000 litres of oil spewing into the coastal waters". An oil leak (from a pipeline) 35 kilometers from Ko Samet's Ao Phrao Beach, resulted in the beach being closed and its tourists evacuated after spillage reached the beach.
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The 2013 Rayong oil spill started on the night of 28 July 2013. The Australian unit of PTT Exploration and Production (PTTEP) "admitted to four charges" in the 2009 spill. The 2009 Montara oil spill, 250 km off Australia's northwestern coast led to "Thousands of barrels of oil gushed into the ocean over a 10-week period following a blowout at PTTEP Australasia's West Atlas rig in the Timor Sea". It is the owner of technology and a major manufacturer of isocyanates, particularly toluene diisocyanate (TDI), hexamethylene diisocyanate (HDI, IPDI) and its derivatives. Vencorex is a joint venture between PTT Global Chemical and the Perstorp Group, created in 2012, based in France's Rhône-Alpes region. PTT Public Company Limited and Pertamina, Indonesia's state-owned oil company, partnered to build a new petrochemical complex in Indonesia for an estimated cost of US$4–5 billion. The company operates 58 retail stations in the Philippines and plans to add an additional 15-20 petrol stations in Luzon and the Visayas, in Cebu Province. In 2012, PTT Exploration and Production (PTTEP) took over Cove Energy plc, which owned an 8.5 percent share in a huge natural-gas field offshore Mozambique. In 2012, PTT purchased the remaining 55 percent of Sakari Resources, a Singaporean coal mine operator. It was formed by a coupling between Thai Fuel Organization (Thai: องค์การเชื้อเพลิง) under Defense Energy Department and Thai Natural Gas Organization (Thai: องค์การก๊าซธรรมชาติแห่งประเทศไทย) under Ministry of Industry. PTT was founded in 1978 (as Petroleum Authority of Thailand) as a state-owned enterprise, under Prime Minister General Kriangsak Chomanan's government.
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The company ranks 81st among top 500 on the Fortune 500, and 180 on the Forbes 2000. PTT is the largest corporation in the country and also the only company from Thailand listed in Fortune Global 500 companies.
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Īffiliated companies include PTT Exploration and Production, PTT Global Chemical, PTT Asia Pacific Mining, and PTT Green Energy. The company also owns Café Amazon, a popular coffee chain throughout South East Asia, which shops are often located next to PTT gas stations or inside malls. Formerly known as the Petroleum Authority of Thailand, it owns extensive submarine gas pipelines in the Gulf of Thailand, a network of LPG terminals throughout the kingdom, and it is involved in electricity generation, petrochemical products, oil and gas exploration and production, and gasoline retailing businesses. PTT Public Company Limited or simply PTT ( Thai: ปตท.) is a Thai state-owned SET-listed oil and gas company. PTT Global Chemical Public Company Limited