The Company began its LPG distribution business in 2015 under Thai Petroleum Corporation Company Limited (“PTC”). In 2019, to enhance clarity in its LPG distribution operations, the Company restructured the business by appointing Atlas Energy Public Company Limited (“ATLAS”) and Olympus Oil Company Limited (“OLP”), both subsidiaries of the Company, to handle the LPG distribution. Currently, ATLAS is an oil dealer under Section 7 of the Petroleum Act, B.E. 2543 (A.D. 2000), (Oil Dealer under Section 7) and operates LPG distribution across the household, transportation, and industrial sectors. ATLAS provides retail sales directly to consumers and wholesale distribution to smaller gas traders for resale to end customers. On the other hand, OLP is an oil dealer under Section 11 of the Petroleum Act, B.E. 2543 (A.D. 2000), and operates LPG distribution specifically in the transportation sector. OLP sells LPG to vehicle users through LPG stations managed by OLP itself (Company Owned, Company Operated, or COCO stations).

Furthermore, on October 10, 2024, ATLAS filed a registration statement (Form 69-1) and a prospectus with the Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand (SET) to request approval for an Initial Public Offering (IPO) and to list its shares on the SET. Interested parties are encouraged to review the documents for complete details.