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The Bangchak Petroleum PLC

Opportunity Day – 2Q2016

August 16, 2016

AGENDA

2The Bangchak Petroleum Plc

1 Performance Summary

2 Oil Market Outlook

4 Going Forward in 2H2016

3 Financial Performance Update

AGENDA






BCP Group Performance


Q2/16

1H/16

EBITDA PerformanceUnit: THB Million

3,143

4,085

0 2000 4000 6000

Operating

Accounting

Target3,000

5,649

5,278

0 2,000 4,000 6,000

Operating

Accounting

Target4,800

Q2/16 Performance Snapshots

Refinery resume full operation

Marketing growth outpace industry

Green Power Plant listing on schedule

Biofuel gaining momentum

E&P cost cutting continue

What we should consider???

Pressure on GRM / crude run

Japan solar power optimization

EBITDA Performance - BCP Group


0%

50%

100%

150%

200%

0.5 1.5 2.5 3.5 4.5 5.5

Target100%

Solar Power525

Marketing882

Refinery2,531

Biofuel113

E&P59

Q2/16 Performance Compare to Target by Business Unit

Accounting EBITDA 4,085 Million Baht

2,3

33

5,1

64

1,1

93

4,0

85

4,1

23

4,7

16

2,5

06

3,1

43

Q1/15 Q2/15 Q1/16 Q2/16

Accounting OperatingUnit: THB Million

EBITDA Performance

-21% YoY

+242% QoQ

Accounting EBITDA

-33% YoY

+25% QoQ

Operating EBITDA

Unit: THB Million

BCP Group Portfolios


Green Power Plant Biofuel E&PRefinery Marketing

Refinery Performance – Smooth Operation after Turnaround Maintenance


109 112 117 114

64

112

Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16

Refinery Crude RunUnit: KBD

Refinery Crude Run

Plan Level110 KBD

Crude run at high level as plan

Refinery run smoothly during the quarter

Producing more value products

Full supply chain management to optimize

overall benefits

Q2/16: Resume operation

Q2/15 Q1/16 Q2/16

Domestic Import

12% 18% 13%

1%

54% 49% 53%

11% 10% 11%

20% 19% 20%2% 2% 2%

Q2/15 Q1/16 Q2/16

Crude SourcingUnit: KBD

Product YieldUnit: %

LPGGasolineJet

Diesel

Fuel OilUCO

112

64

112

58%

42%

52%

48%

48%

52%

Refinery Performance – Better Market GRM, Positive Impact from Inventory Gain


Q2/16

1H/16

Refinery EBITDA Unit: THB Million

1626

2531

0 1000 2000 3000

Operating

Accounting

2,324

1,886

0 1,000 2,000 3,000

Operating

Accounting

10.41

5.35 6.27

0.14

0.82 0.01

1.34

-6.41

2.51

Q2/15 Q1/16 Q2/16

Market GRM Hedging Inventory Gain Loss

Q2/16: Market GRM better than previous quarter

Refinery utilization increased lead to higher value product yield

GO/DB spread was improved while UNL95/DB and FO/DB were weak

Crude cost spread Dated Brent and Dubai (DTD/DB) narrowing QoQ

An inventory gain of THB 905 Million (included a reversal of LCM of THB 6 Million)

Unit: $/BBL

0

2

4

0

50

100

Q2/15 Q3 Q4 Q1/16 Q2

Crude Price and Spread ($/BBL)

5

15

25

Q2/15 Q3 Q4 Q1/16 Q2

GO/DB

UNL95/DB

-10

-5

0

FO/DB

Crack Spreads ($/BBL)

DB DTD/DB

Accounting GRM

11.90 -0.24 8.79

GRM Performance

Target

Target

1,898

1,923

0 500 1,000 1,500 2,000

Operating

Accounting

Marketing Sales Volume

Marketing Performance – Sales Volume Increase from Last Year


Q2/16

1H/16

Marketing EBITDA Unit: THB Million

858

882

0 500 1000 1500 2000

Operating

Accounting

60% 61% 64%

40% 39% 36%

Q2/15 Q1/16 Q2/16

Retail Market Industrial Market

0.87 1.09 1.09

0.43

0.68 0.50

Q2/15 Q1/16 Q2/16

Net Retail Margin Net Industrial Margin

1,404 1,465 1,450

Net Marketing MarginUnit: THB/LitreUnit: Million Litre

0.69

0.93 0.87

Retail sales volume continue growing from;

Retail market oriented strategy

A decline in retail oil prices

Industrial sales volume reduced by seasonal factor

Retail Margin maintained its level

Industrial Margin dropped from seasonal factor and excess supply in the market

Low Oil Prices Driven Demand

Target

Target

Marketing Performance – Retail Sales Volume Continued its Growth Momentum


Retail Sales

Volume Growth

+8% YoY+4% QoQ

Refined

Petroleum Products

Export

OIL

Wholesales

Marketing Business

Industrial Customer

Retail Customer

12%

12%

% Portion of Total Sales volume of Q2/2016 = 1,908 Million Litre

28%

48%

Note: Retail Sales portion continued to increase Q2/15 = 47%, Q1/16 = 51%

180

200

220

240

260

280

300

320

340

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

FY2012

FY2013

FY2014

FY2015

FY2016

+12% Average YoY Growth Unit: Million Litre/ MonthRetail Sales Volume

0

100

200

300

400

500

600

Jan

-14

Feb

-14

Mar

-14

Ap

r-14

May

-14

Jun

-14

Jul-

14

Au

g-1

4Se

p-1

4O

ct-1

4N

ov-

14

Dec

-14

Jan

-15

Feb

-15

Mar

-15

Ap

r-1

5M

ay-1

5Ju

n-1

5Ju

l-1

5A

ug-

15Se

p-1

5O

ct-1

5N

ov-

15

Dec

-15

Jan

-16

Feb

-16

Mar

-16

Ap

r-16

May

-16

Jun

-16

BCP Standard Type

Major Oil excluding BCP

BCP Co-Op Type

503

448

442476

Unit: K.Litre/Station/ Month

Thruput per station

YTD2015 Jan-Jun 16 ∆

ปตท. 37.1% 37.3%

บางจาก 15.0% 15.0%

เอสโซ่ 13.6% 12.8%

เชลล์ 13.0% 12.8%

ปตท.คา้ปลกี 6.0% 5.7%

คาลเท็กซ์ 5.2% 5.1%

กลุม่ซสัโก้ 1.5% 1.8%

ไทยออยล์ 6.9% 7.7%

พทีจี ีเอ็นเนอรย์ ี่ 1.6% 1.6%

Marketing Network and Non-Oil Increase Thruput per S/S by Network Expansion and Non-Oil Business Extension

11The Bangchak Petroleum Plc11

Expansion of service station

+28NEWService Stations

1,075 Service Stations

As of Jun 2016

Non Oil EBITDA

354 Stores

30 Stores

6 Stores

165 Stores

41 52 50

Q2/15 Q1/16 Q2/16

Expansion is aimed for widening BCP customer segments for growth

Non Oil Business

Unit: THB Million +22% YoY

-4% QoQ

As of Jun 2016

-8

+10

+3

+1

Market Share (Retail Channel)

Green Power Plant – Solar Power


15

20

25

30

Target Actual

Thailand Portfolio (118 MWac)

Electricity Sales by Country (Unit: Million kWh)

0.0

1.0

2.0

Target Actual

Japan Portfolio (11 MWac)

Total Electricity Sales (Unit: Million kWh)

71.6

61.8

67.069.1

65.268.2 68.5 68.5

Q1/15 Q2/15 Q1/16 Q2/16

Target Actual

Steady steam of cash flow

EBITDA Lower than expected due to additional costs incurred from

preparing the other plants under construction and development

Q2/16

1H/16

Green Power EBITDA Unit: THB Million

557

525

0 200 400 600 800100012001400

Accounting

TH Contribution

Japan Contribution

1,204

1,153

0 200 400 600 8001,0001,2001,400

Accounting

TH Contribution

Japan Contribution

Target

Target

-32

-52

219

259

0 100 200 300

Operating

Accounting

Biofuel Business – Demand Increased as Diesel Price was Cheap


371 385 387

582

705 741

Q2/15 Q1/16 Q2/16

Daily Production Sales Volume

Building volume for new plant (BBF Plant#2)

Strong demand for B100 as Diesel Price was Cheap

Improvement in Biodiesel plant’s efficiency enabled it to raise its average

daily production rate

Current BBF sales volume was ≈91% of its new capacity which plan to

COD in Q3/16

(Existing 360 K. Litre/day + Plant#2 450 K. Litre/day = 810 K. litre/day)

Biodiesel Plant: Daily Production and Sales Volume

Unit: K. Litre per day Sales volume

+27% YoY

+5% QoQQ2/16

1H/16

Biofuel EBITDA Unit: THB Million

101

113

0 100 200 300

Operating

Accounting

Target

Target

E&P EBITDA Performance – Self Revision, Survival Plan Cutting Down Costs


Implement cost cutting plan

Galoc oil filed uptime was 99.93%

Successfully implement cost saving as

planned, cash cost 32 $/BBL in Q2/16

Use derivatives to hedge against crude

oil price volatility

6.405.57 5.12

3.583.11 2.86

Q2/15 Q1/16 Q2/16

Gross Production Net to NIDO

Production (Unit: KBD)

Q2/16

1H/16

E&P EBITDA Unit: THB Million

Q2/15 Q1/16 Q2/16

Volumes lifted and Sold*

(bbls)396,793 202,128 393,375

Cargo 2 Cargoes 1 Cargo 2 Cargoes

All prices are on FOB

realized basis

($/BBL)

Cargo 45

60.62

Cargo 50

31.27

Cargo 51

40.53

Cargo 46

62.98

Cargo 52

48.15

61.26

30.59

43.23

61.80

31.2744.34

Q2/15 Q1/16 Q2/16

Dubai Nido

Comparing Nido Selling Price to

Dubai benchmark priceUnit: $/BBL

Note: The cargo#52 sold in June was subject to the DES (Delivery Ex Ship) condition, Nido will realize the revenue in July 2016

Target

81

0 100 200 300

Accounting

Target

59

0 100 200 300

Accounting

AGENDA






Crude Oil Prices Outlook


0

20

40

60

80

Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16

Dubai Price Movement

$/BBL

Iran nuclear deal reached

Greece Debt Default

No production freeze

Eyed on U.S. Presidential

election

Stronger winter demand / La Niña?

Rig count dropUpstream

investment cut

China’s stock rout

No OPEC production ceiling agreement

Brexit concerns

Wildfire in CanadaIran’s sanction lifted

Possible of OPEC and Non-OPEC coordinationFED rate hike

High Crude and Products

inventories

Market Highlights:

Dubai AVG: Q1/16 = 30.6 Q2/16 = 43.2 Q3/16 (F) = 42.0 Q4/16 (F) = 47.0 FY2015 = 50.8 $/BBL FY2016 (F) = 40.7 $/BBL

• Fear on huge stocks overhang threatens oil price recovery in short term.– Fade out of crude supplies tightened from disruption in Canada, Nigeria and Libya.

– Ample light product stocks and lower refinery margin will slowdown refinery run.

• However, oil market rebalancing is still underway.– Slower non-OPEC supply growth led by U.S. shale crude.

– Global oil demand still strong on low oil prices.

Q3: Global economic uncertainty and return of disrupted supply threatQ4: Stronger demand is likely and more balanced market

Huge stocks overhang threatens oil price recoveryhowever oil market rebalancing is still underway

Global oil demand robust, but not enough to ease glut in 2016 Huge stocks overhang threatens oil price recovery

57.0 56.0 56.5 56.7 57.4 56.5 56.8

39.5 39.8 39.7 40.2 39.0 39.8 40.6

95.2 95.6 96.8 96.9 94.8 96.1 97.4

40

50

60

70

80

90

100

1Q16 2Q16 3Q16 4Q16 2015 2016 2017

Global Oil Balance

Non-OPEC Supply OPEC Supply Global Demand

MB

Demand

Supply95.2 95.6 96.8 96.9 94.8 96.1 97.4

96.5 95.8 96.2 96.9 96.4 96.3 97.4Excess +0.8 +0.2 -0.6 0 +1.6 +0.2 -0.1

US Oil Rig Count recover after oil prices increase in Q2 But the current oil price is not enough to restore growth

US Tight Oil ProjectionsBaker Hughes US Oil Rig Count

Source: IEA, PIRA, EIA

1,800

1,900

2,000

2,100

2,200

2,300

2,400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Total Commercial Stocks in 3 Major OECD Markets

2011 2012 2013 2014 2015 2016

MB

17

2.5

2.7

2.9

3.1

3.3

3.5

3.7

3.9

Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17

MBD

Slower global supply disruption compare to Q2’16OPEC key producers still pump more oil to the market

18

Iran raise oil production to near pre-sanctions level

Stronger demand and slower non-OPEC disruption lead to higher call on OPEC

Even political and security issue limit supply growth but Iraqi crude production higher compare to last year .

1H’2011 production level

Slower oil supply disruption from 1H’16

2.5

3.0

3.5

4.0

4.5

5.0

Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16

Iraq Oil ProductionMBD

29.0

30.0

31.0

32.0

33.0

34.0

1Q16 2Q16 3Q16 4Q16 2015 2016 2017

Call on OPEC vs OPEC Production Estimation

Call on OPEC OPEC Production

MBD

Source: IEA, Goldman Sachs and PIRA

MB

Refinery Product Margins lower in this year and will stay on the softer side

19

Singapore Product Cracks Spread Outlook

15.4

19.8 19.4 18.7 18.8

14.4

9.3 10.2

14.3

18.3

13.216.3

13.710.8

13.7

9.7 10.5

10.5 11.5

16.0

13.6

10.5

-1.9-3.5

-8.1-6.6 -5.2

-8.7

-5.3-6.8

-8.3

-5.0-6.5

-15

-10

-5

0

5

10

15

20

25

Q1-15 Q2-15 Q3-15 Q4-15 Q1-16 Q2-16 Q3-16 Q4-16 2014 2015 2016

ULG95 - Dubai

Gas Oil 0.05%S - Dubai

Fuel Oil - Dubai

$/BBL

Market Highlights:

• Weaken gasoline cracks after end of peak summer, high inventories and yield shifted upward.

• Gasoil/diesel cracks will gradually recover in Q4 on winter season.

• Soften fuel oil cracks due to slower demand and higher supply.

• High Chinese product exports remain in place.

• Export-oriented refinery run cut and upcoming refinery maintenance will support market.

Factors to watch:

AGENDA






Quarterly Remark – From Financial Aspects


Q2/16 Remarks

BCP

Partial prepayment of long-term loan about THB 1,325 Million

Share purchase of THB 85 Million to maintain 4.95% stake in FPT

Increase fair value of THB 405 Million in investment of Lithium Americas Corp.

BCPG

As BCPG Purchase the entire solar power plant business of SunEdison in Japan, the company recorded the final

determination of goodwill of THB 1,156 Million

BCPG entered into loan agreements with financial institutions in THB and Japanese Yen currencies.

Established BCPG Biopower 1 and BCPG Biopower 2 wholly owned by BCPG which registered capital of THB 60

Million and THB 20 Million respectively

Established Bangchak Bioethanol (Chachoengsao)

BCP holds 85%, the initial registered capital of THB 1 million and will be raised to THB 500 million to support the transfer of

property rights and licenses to the company

Established BCP Trading (Singapore)

BCP holds 100% which registered capital of USD 1 million

Established Bongkot Marine Services

BCP holds 30% in joint venture with Prima Marine Co. Ltd., initial registered capital of THB 1 Million

Key Financial Performance - Consolidated


Statement of Income

Unit: THB Million Q2/15 Q1/16 Q2/16

Revenue 41,357 30,276 37,262

Cost of goods sold (36,390) (29,327) (32,986)

Gross Profit 4,967 949 4,276

Investment income and other income 139 126 111

Selling and administrative expenses (1,213) (1,212) (1,433)

Gain (loss) from oil hedging contract 47 163 (0.4)

Gain (loss) from FX forward contracts (8) 56 2

Gain on foreign exchange (26) 84 250

Reversal of Allowance for loss from impairment of assets

(0) 2 0.4

Share of profit of associate (1) 13 (6)

EBIT 3,905 180 3,200

Finance costs (401) (373) (327)

Income tax (expense) credit (594) 167 (459)

Profit for the period 2,809 (25) 2,415

Owners of the Company 2,794 47 2,417

Non-controlling interests 15 (72) (3)

Earnings per share (Baht per Share) 2.03 0.03 1.76

Remark:

Revenue

higher oil price lead to revenue increase

Stable Refinery crude run ( >110KBD)

Higher total sales volume +11% YoY +6% QoQ

Marketing sales volume grew +3% YoY +1% QoQ

Gross Margin

Higher Market GRM

Consolidated Inventory gain ≈ THB 941 Million

Selling and administrative expense

Due to the increased expense in BCPG Group

BCP Group Performance - Consolidated


Q2/16 BCP BGN BBF BCPG BCR BBE BCPE BCPI NIDO Total

% of Share holding 100% 70% 100% 100% 85% 100% 100% 81.41%

Revenue 35,255 7,469 2,221 759 - - - - 299

Net Profit 2,124 42 102 460 (15) (0.1) (0.2) (13) (179) 2,521

UBE - Share of profit of investments in associates (6)

NIDO - Adjust loss from impairment of assets -

Eliminations 100

Net Profit for the period 2,415

Profit (loss) attributable to:

Owner of the company 2,417

Non-controlling interests (2)

Unit: THB Million

BCP Group Performance - Consolidated


1H/2016 BCP BGN BBF BCPG BCR BBE BCPE BCPI NIDO Total

% of Share holding 100% 70% 100% 100% 85% 100% 100% 81.41%

Revenue 63,774 14,125 4,088 1,542 - - - 532

Net Profit 1,767 64 218 850 (30) (0.1) (0.2) 2 (353) 2,518

UBE - Share of profit of investments in associates 7

NIDO - Adjust loss from impairment of assets (399)

Eliminations 263

Net Profit for the period 2,389

Profit (loss) attributable to:

Owner of the company 2,464

Non-controlling interests (75)

Unit: THB Million

Key Financial Performance - Consolidated


EBITDA Structure of the Company and its subsidiaries

Q2/15 Q1/16 Q2/16 YoY QoQ

Total Revenue 41,357 30,276 37,262 -10% 23%

Total EBITDA 5,164 1,193 4,085 -21% 242%

EBITDA Refinery 3,404 (645) 2,531 -26% 493%

EBITDA Marketing 1/ 657 1,041 882 34% -15%

EBITDA Solar Power 2/ 735 628 525 -29% -16%

EBITDA Biofuel 3/ 99 146 113 14% -23%

EBITDA Exploration and Production 4/ 314 22 59 -81% 171%

EBITDA Others 5/ (45) 0.29 (25) 45% N/A

Profit attributable to

owners of the Company2,794 47 2,417 -13% N/A

Earnings per share (Baht) 2.03 0.03 1.76 -14% N/A

1/ EBITDA from Marketing Business, Bangchak Greenet Co.,Ltd, and Bangchak Retail Co.,Ltd2/ EBITDA from Solar Power Plant Business, BCPG Co.,Ltd. and its subsidiaries3/ EBITDA from Bangchak Biofuel Co., Ltd. and share of profit/ (loss) from Ubon Bio Ethanol Co, Ltd4/ EBITDA from Nido Petroleum Limited 5/ EBITDA from BCP Energy International Pte, Ltd. and others

Key Financial Position - Consolidated


Assets:

Cash & Equivalents increased by 9,244 MB mainly from cash from operation and reclassification of 4,500 MB current investment to cash, due to its maturity

Inventory decreased by 2,119 MB mainly from lower unit price of finished products and Volume of finished products decreased from 3.25 to 1.80 MBBL

PP&E increased by 2,999 MB from refinery machinery and equipment, acquisition of solar power plant and biodiesel plant

Other Non Current assets increased mainly from goodwill & license of BCPG Japan and fair value measurements for investment in Lithium Americas Corp.

Liabilities & Equity:

Current Liabilities increased mainly from

Account Payable from the value of crude oil purchase in Jun 2016 higher than in Dec 2015.

Long-term debt increased by 2,981 MB

BCP loans decreased from repayment and prepayment

Subsidiary‘s long-term loans increased from BBF and BCPG (the acquisition of solar power business in Japan)

Equities mainly increased from Net Profit 2,464 MB and decreased by 1,376 from dividend payment

Unit: THB Million

40,044 43,043

8,09910,220

13,94511,826

11,983 7,580

7,872 17,116

31 D EC 15 31 MA RCH 2016

Cash and Equivalents

Current Assets

Inventory

PP&E

Non Current Assets

81,942

89,786

Assets

31 Dec 15 30 Jun 16

35,983 37,320

2,838 3,391

33,65836,639

9,46212,436

31 D EC 152 31 MA RCH 20162

81,942

89,786

Liabilities & Equity

31 Dec 15 30 Jun 16

Current Liabilities

Long Term Debt

Total Equity

Non Current Liabilities

(Including current portion of L/T debt)

Cash Flow - Consolidated


Beginning Cash7,872 MB

Change in Cash9,279 MB

Ending Cash17,116 MB

FX adjustment(35 MB) 5,156

1,291

4,646

3,564

5,755

4,740

4,500

1,422

238

Cash From Operation(CFO)

Funding

Others

20,296

Sources of Cash Used of CashDebt Service

11,017

Asset PurchaseAcquisition

Cash Received from maturity of short-term investment

6M/2016 Sources and Uses of CashUnit: THB Million

Dividend Paid

Prepayment

Change in Working Cap

0.50 0.54 0.59 0.55 0.52

Q2/15 Q3/15 Q4/15 Q1/16 Q2/16

Net IBD/E Ratio (Times)

11,79732%

7,02819%

1,8285%

15,98644%

Baht LoanBaht Bond

USD Loan

33,021 THB Million

(as of June 30, 2016)

Long-Term Debt Portion

JPY Loan

Asset Purchase / Acquisition

PP&E refinery machinery and

equipment 2,271 MB

Biodiesel plant 387 MB

Acquisition of solar power business

• Solar Power plant 963 MB

• Construction works (BCPG) 619 MB

Intangible assets and Others 501 MB

AGENDA






3E Project – Project Progress


New Co-Gen Power Plant Progress: Detailed Design & Construction

Benefits

Improving product value

Saving cost and energy

Reducing emission

Yield Flexibility (Gasoline vs. Distillate)

Refining capacity upgrading

Cost saving on energy consumption

Debottlenecking for higher crude run

Enhancing product yield

3E Project

3E Timeline

FY2016 FY2018

• Completion of

Co-Gen (12 MW)

• CCR Project:EPC Award

Completion of

Continuous Catalyst Regeneration Unit (CCR)

FY2019FY2017

• Co-Gen Power Plant: Start Construction

• Debottlenecking project: Pre-feasibility study

• CCR project: Basic Design for Enlarge Capacity

“ Enhance Efficiency, Improve Energy Consumption, Better Environment ”

DebottleneckingProject for light end, i.e. NPU and ISOU: EPC Award

Completion of Debottlenecking

for the higher level of crude run and more flexible capture revenue

FY2020

Overall Site

Dynamic Load Test of Pile

Substation Building

Bangchak Service Station - Customer Destination


+60NEWStations Targetin FY2016

Most

Marketing Business - New Product “Green S REVOLUTION”


“Green S REVOLUTION”

Technologies have been developed from advanced refining process

Unlocking value - BCPG


Yabuki Project

14 MW installed – 10 MW PPA

Project Progress : Prepare Concept design

Schedule COD : Q1/17

Japan Portfolio Update

Thailand Portfolio UpdateSolar CO-OP

Total : 12 MW (3 sites)

Collaborate with 3 cooperative’s agricultures

Expected COD : 4Q2016

17th July 2015: Establishment of BCPG

Establishment

Completed in December 2015

Restructuring

Final filing : Mid of Aug 2016

Expected to IPO in Sep-Oct 2016

Offering Size: Not exceeding 590 M Shares

• IPO: 521.15 M Shares

• Pre-emptive Right: 68.85 M Shares

20 BCP shares : 1 BCPG share

IPO

Progress

BCPGGreen Power Plant Investment Stories

Nikaho Project


Project Progress : Commercially Operate

Schedule COD : 15 Jul 2016

Biomass in Southern Part of TH

Total : 18 MW PPA (2 sites)

2 Projects were met the technical requirement

of ERC (Energy Regulatory Commission)

Project Under Development (10 Projects)


Biodiesel Plant#2 – Project Progress


NEW Total Capacity 810,000 Litre/day

Capacity Plant#1: 360,000 litre/day

Capacity Plant#2: 450,000 litre/day

Project Progress completed

COD: 3Q2016

Investment Cost: ≈1,800 THB Million

Mainly Supplied to BCP

“ An investment for greater certainty of Biodiesel supply and supporting demand growth ”

Start commercial sales in July 2016

BCP Group Expansion- Newly Established Companies


Commodity Trading Businesses

Renewable EnergyPetroleum

BCP Trading Pte. Ltd. (BCPT)

• To trade commodities products, petrochemicals and other related chemicals

• BCP holds 100% shares

Marine Floating Storage

Bongkot Marine Services

Co., Ltd.

• To engage in businesses related to floating storage unit (FSU)


Green Power Plant (Biomass)

BCPG Biopower 1 Co., Ltd. &

BCPG Biopower 2 Co., Ltd.

• To develop and operate biomass power plant business

• BCPG holds 100% shares

Ethanol Business

Bangchak Bioethanol (Chachoengsao) Co., Ltd.

• To produce and sell ethanol product


Disclaimer : The information contained herein is being furnished on a confidential basis for discussion purposes only and only for the use of the

recipient, and may be subject to completion or amendment through the delivery of additional documentation. Except as otherwise provided

herein, this document does not constitute an offer to sell or purchase any security or engage in any transaction. The information contained herein

has been obtained from sources that The Bangchak Petroleum Public Company Limited (“BCP”) considers to be reliable; however, BCP makes no

representation as to, and accepts no responsibility or liability for, the accuracy or completeness of the information contained herein. Any

projections, valuations and statistical analyses contained herein have been provided to assist the recipient in the evaluation of the matters

described herein; such projections, valuations and analyses may be based on subjective assessments and assumptions and may utilize one among

alternative methodologies that produce differing results; accordingly, such projections, valuations and statistical analyses are not to be viewed as

facts and should not be relied upon as an accurate representation of future events. The recipient should make an independent evaluation and

judgment with respect to the matters contained herein.

Thank You

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