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The home of Murban Futures Launching March 29, 2021

United Arab Emirates

United Arab Emirates

 29 March 2021


On March 29, 2021, Mr. Auttapol Rerkpiboon, President & Chief Executive Officer, PTT PLC, gave a congratulatory speech at the opening ceremony of ICE Futures Abu Dhabi (IFAD), the Asian crude oil futures market with Mr. Disathat Panyarachun, Senior Executive Vice President, International Trading Business Unit together with the PTT’s executives via online event. PTT started trading IFAD crude oil futures contract to increase trading volume to the market.

IFAD is formed by the cooperation of ADNOC and PTT, including eight leading oil companies and the Intercontinental Exchange (ICE). It also helps promote PTT's reputation in the Middle East and Asia. PTT has established PTT MEA LTD in Abu Dhabi, United Arab Emirates, which is 100% owned by PTT International Trading. Pte. Ltd. to hold shares in IFAD and to be a hub connecting Asia, Europe and Africa.



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