Looking into theFuture with Carbon
ManagementTechnologies
The 41th JCCP International Symposium
26 January 2023
Montri Silpaarcha
Executive Vice PresidentInternational Strategy and Development
PTT Public Company Limited

AGENDA

Oil andGas
CarbonManagement

Copyright  2021 by PTTPLC. All rights reserved

PTTGroupStrategies
andInitiatives

2

GO GREEN GO ELECTRIC TRENDSGO GREEN

PROSUMER
TREND

Cleaner Energy &Renewable Energy

Climate Change

COP21  COP27

1,220

Real 2021 $/kWh703

Increase of Renewable inGlobal Energy MixRenewable
Nuclear 5%16%
Gas 23%

CAGR508

Coal
To achieve
27%1.5˚C limit

3%70%

410

326 281244 216 188

168 150

BATTERIES& EV

132

ICE  HYBRID

7%8%
12%

29%

2050

Electricity to be the primaryenergy source“RE as Foundation of Power System”
Charger
Source: IEA WEO 2022 (Net Zero Emissions by 2050 Scenario), BloombergNEF

 EV

GO ELECTRIC

Oil

2021

SMART GRID

Lithium-ion Battery
Price Pack

Solar Roof

Appliance

Electric Stove
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3CHALLENGES OF OIL AND GAS
Effective Energy Architecture

Combination of Solutions neededis timely, inclusive, sustainable, affordable and secure

To achieve Net Zero & Solve Energy Transition Challenge

EnergySecurity

Environmental
Sustainability

EnergyTrilemma

EconomicDevelopment
Source: WEF Energy transition 2020, PTT International Industry Research and Economics Department

1 67%

Increasing Energy Efficiencyof all primary energy losses due toinefficiencies in electricity generation,
heavy industry & buildings

2Developing Low Carbon Energy

3

Capturing Unavoidable Emission

Switching energy sources to renewable, butscalable solutions still being developed

Carbon capture playing a role throughcarbon capture and storage (CCS)
facilities or with nature-based solutions
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4

OIL AND GAS CARBON MANAGEMENT TECHNOLOGIES
1CO2 Capturing

2

Green Energy

1.1 Carbon Capture and Storage (CCS)

2.1 Renewable Energy

1.2 Carbon Capture and Utilization (CCU)

2.2 Green/ Blue Hydrogen

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1.1 CARBON CAPTURE AND STORAGE
Pre-Combustion

AirHydrogen

CoalGasificationBiomass
Reforming

Natural Gas

Sorbents

Combustion
PowerCO2Coal

Carbon Capture
Solvents

Depleted Air

CO2Capture

Generation
CO2Capture

Biomass
Membranes

CO2 Storage

Natural Gas

Carbon Storage Evaluation

Carbon Storage

Source: PTTEP, Técnico Lisboa

Unmineable Coal

Depleted Air
CO2 Storage

Air

Oil & Gas Reservoir

Post-Combustion

Saline Aquifer

Capacity

Containment

Injectivity

MMV

Measurement,
Monitoring,
Verification

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1.2 CARBON CAPTURE AND UTILIZATION

CarbonUtilization
ApplicationSource: PTTEP

Categories

Applications (Examples)

ChemicalIntermediaries

MethanolFuels

MethaneBuilding
Materials

Concrete Production

Polymers

Polycarbonates

NovelMaterials

Carbon FiberSolvents

Enhanced Oil Recovery

Carbon Nanotubes

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Solar Ground-mounted

Solar Rooftop

Floating Solar

Solar

Onshore Wind

Offshore Wind

Wind

Source: GPSCCONFIDENTIAL & PROPRIETARY
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2.2 GREEN/ BLUE HYDROGEN
Production

Conversion

StorageTransportation

Application

H2O

2.2.1 Green Hydrogen

H2H2Solar/ Wind Battery Electrolyzer*
O2Hydrogen
Storage(1)Alkaline Water
Electrolysis(2)Proton Exchange
Membrane(3)Solid-Oxide
Electrolysis

2.2.2 Blue Hydrogen

CH4

H2

Industry
Feedstock/
Heat Generation

Building
Heating/ Power
Power

CO2

Pipeline &Compression

Fuel Cells(1) Pipeline &Compression(2)Ammonia: NH3(3)Liquefied
Hydrogen: LH2(4)Liquid Organic
Hydrogen: MCH &TOL

H2

Transport

H2 Turbine

Reformer
CCUS

Source: Petrofac, Green Hydrogen Coalition, Roland Berger

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99

AGENDA

Oil andGas
CarbonManagement

Copyright  2021 by PTTPLC. All rights reservedPTTGroupStrategiesandInitiatives

10

PTT GROUP BUSINESSES IN ENERGY VALUE CHAIN AND BEYOND
CORE BUSINESS

Upward integration

PTT’s Own Business(mid-stream)

NEW BUSINESS
Future Energy

Downward Integration
Market share, 42%

Natural Gas

 4 gas pipelines 6 Gas SeparationPlants
 NGV Stations

Oil & Retails

 Oil: 2,080 station in TH
 Non-oil retail Lubricants Coffee business International Oil & RetailE&P

 PTT Group’s renewable
Renewables portfolio is 2.7 GWEV

 > 40 projects in 15 countries
 1,350 mmboe proved reservedTrading Crude Procurement
 Import/Export
 Commodity Hedging
 International Offices

Market share > 50%Refineries EV service platform &EV / Batteries

Beyond Energy Largest refinery group inThailand, 3 of 6 refineries PharmaceuticalMarket share > 50%LNG
 LNG Value Chain
 LNG Receiving
Facilities

 Engineering andProject Mgnt.
 Asset Mgnt.
New Business  Innovation andDigital& Infrastructure Medical Devices

LifeSciences  Nutrition

 Integrated Refineries &PetrochemicalPetrochemical

 AI / Robotics

7,122 MW (equity portion)

Power Electricity / Steam & Chill Water
 Energy Storage

 Cloud service
 Digital Platform

DigitalTechnology

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PTT’s VISION

Powering Life with Future Energy and Beyond

FUTURE
ENERGY

BEYOND
Renewable

EV Value
Chain

Energy Storage& System Related

HydrogenMobility &Lifestyle

Life Science

High ValueBusiness

Logistics &Infrastructure

AI, Robotics& Digitalization

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PTT Moving Forward toCarbon Neutrality by 2040 and Net Zero Emissions by 2050
Mton CO2e

Decarbonization
Pathways

10Pursuit

15%
GHG reduction

5Carbonneutrality

PTT and 100%
owned subsidiaries

~30 %

2025

2030

20352040(Scope1&2)

2045

15% GHG reduction from 2020 by 2030

CCS ProjectTransformation(Business Growth)
RE 12 GW by 2030

Energyefficiency

GSP #1>> GSP #7

GSP #2

GSP #3

GSP #5, ESP,GSP #6

CCU projects(Green Portfolio)
Future Energy and
Beyond 32% of
CAPEX 2021 - 2030

Partnership~20 %with Nature and Society(Reforestation) PTT: 1,600 Sq. KM
by 2030

Portfolio transformation
ReforestationRECsPortfolio

2050

~50 %

Fugitive emission and leak control(Clean Growth)
Loss Control &EE Initiative0
2020of Lower Emissions(PTT’s Existing): 1,784 Sq. KM

Conservation (existing & new forests)

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Thank you
Montri Silpaarcha
montri.s@pttplc.com+66 25373668
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