PTT Oil And Retail Business Public Company LIMITED

PTT Oil And Retail Business Public Company LIMITED, a state-owned Thai energy conglomerate, supplies aviation turbine fuel (JP8 and Jet A-1) and diesel fuel to the Defense Logistics Agency Energy as a sole-source prime contractor under a single-award Indefinite Delivery Contract (SPE60720D0038) with a $1.302 million ceiling running through June 30, 2030. The vendor competes in full-and-open procurement with no set-aside designation, registered as an international organization headquartered in Bangkok, Thailand.

PTT Oil And Retail Business holds a monopoly position on federal fuel supply work. The Defense Logistics Agency Energy accounts for 99.97 percent of the vendor's 4,070 total awards by count, with $120 million in combined potential value across the portfolio. The single Department of State award ($35 thousand) is immaterial. Within the DLA Energy base, the primary Indefinite Delivery Contract SPE60720D0038 anchors 3,438 of the 3,438 task orders tracked under top parent vehicles, carrying $38.5 million in combined potential value. The contract authorizes fuel delivery across eleven designated Indo-Pacific locations—Guam, Indonesia, Japan, South Korea, Malaysia, Micronesia, Papua New Guinea, Northern Mariana Islands, New Zealand, the Philippines, and Thailand—under the FAR PACOM Overseas Into-Plane supply initiative. All delivery orders are fixed-price with economic price adjustment, with unit pricing between $2.14 and $2.17 per gallon and delivery line items ranging from 1,000 to 750,000 gallons. Place of performance is Thailand; PTT Oil And Retail Business operates with no subcontractors.

Activity has contracted year over year, from 607 awards in 2022 to 285 in 2026 (annualized through mid-July). Combined potential value remains at $120.1 million, with $48.2 million obligated to date (40 percent of potential). The vendor's awards span only two distinct federal agencies, both within the Department of Defense enterprise. Work product is concrete: aviation turbine fuel and diesel fuel supply, with no professional services, logistics, or consulting components. The $1.302 million IDC ceiling across five years—roughly $260 thousand per year—reflects a narrow, commodity-based footprint focused on regional fuel logistics for a single buyer.