Thai Oil Confirms Transparency, Continues Oil Production and Distribution During Middle East Crisis

Thai Oil Public Company Limited has issued a statement clarifying its fuel allocation and transportation operations during the Middle East conflict crisis, following government investigations into severe fuel shortages at some service stations. The company affirmed its full cooperation with state authorities and pledged to provide complete disclosure of information, documents, and details to support the investigation process. Thai Oil stated that its refinery operates under strict control, monitoring, and documentation systems for production, storage, and fuel delivery in accordance with international standards, while emphasizing its commitment to transparent, prudent business practices and good governance principles. During the energy crisis triggered by Middle East tensions, the company confirmed that its refinery continues to operate and supply fuel consistently to meet the country's energy demands and maintain energy stability for Thai citizens and the economy. The company highlighted its awareness of its crucial role in strengthening national energy security and has closely managed production and distribution during the crisis period. Thai Oil expressed readiness to continue cooperating with the Energy Ministry, Department of Special Investigation, National Police Office, and related agencies, confident that government investigations will be conducted fairly based on facts and in the nation's best interest. This clarification comes amid public concerns about domestic fuel stability as Middle East tensions continue to impact global energy prices and supply chains. Thai Oil operates as a complex petroleum refinery and ranks among the most efficient refineries in the Asia-Pacific region, established in 1961 with a production capacity of 275,000 barrels per day. The company maintains operational management systems focused on operational excellence, coordinating integrated business operations including petroleum refining, petrochemicals, and base lubricant oil businesses, achieving high efficiency and low-cost production with quality standards matching the top quartile in the Asia-Pacific region.