PTT Plc is proactively managing Thailand’s energy security by adjusting crude oil procurement plans and sourcing supplies outside the Middle East conflict zone, despite elevated costs and potential short-term losses. The company has taken measures to prevent domestic oil shortages and maintain energy supply continuity amidst disrupted global shipping routes, particularly the Strait of Hormuz. A shipment of 2 million barrels, originally delayed for about a month near Sharjah Ports, is expected to arrive in Thailand on April 21. PTT’s efforts to secure replacement crude at sharply increased prices, as global oil costs reached up to US$130 per barrel, have resulted in an estimated financial impact of 500 million to 1 billion baht, which the company deems the cost of insuring national energy security.