Thailand has been an oil and gas producer for many decades, with falling reserves amid rising domestic petroleum consumption. Proven oil reserves in Thailand is estimated at around 453 million barrels, while proven natural gas reserves stood at about 10.1 Tcf. PTT Exploration and Production (PTTEP), the upstream subsidiary of state-owned PTT Public Company Limited (PTT), is the dominant player in the Thai petroleum industry. Chevron, Total, Mitsui and BG Group are some of the bigger foreign companies with a presence in Thailand's petroleum sector.
Logistics Management, originally a military term, is the control of goods from the point of origin to the point of consumption according to the business requirements. This involves liaising with suppliers and distributors and assessing the most cost effective and timely method of getting them from one to the other.