BAFS to construct 1.2 billion baht oil pipeline linking Saraburi and Ang Thong

Bangkok Aviation Fuel Services Plc (BAFS) is about to assemble a new 52-kilometre oil pipeline connecting Saraburi to Ang Thong, in a bid to reinforce its trade within the northern area. The venture, which is estimated to cost 1.2 billion baht, will facilitate oil transportation from the east to the north. BAFS is presently in discussions with Thai Petroleum Pipeline Co concerning the project.
Thai Petroleum Pipeline, whose largest shareholder is PTT Oil and Retail Business Plc, operates an oil pipeline community linking refineries within the jap area. BAFS’s oil storage in the Laksi area of northern Bangkok utilises this community to serve planes at Don Mueang Airport. The company’s subsidiary, Fuel Pipeline Transportation, operates an oil pipeline connecting Bangchak Corporation Plc’s oil refinery in Ayutthaya’s Bang Pa-in district to the northern province of Lampang.
The Ayutthaya-Lampang pipeline commenced operations in 2019 and supplied full service in 2021, with an oil-carrying capability of 2.45 billion litres per yr. However, solely 20% of the entire capacity, roughly 410 million litres, was utilised in 2022, based on Fuel Pipeline Transportation.
The transportation of oil to the northern provinces aligns with the government’s marketing campaign to reduce carbon dioxide emissions from trucks. At New in Glasgow in 2021, Prime Minister Prayut Chan-o-cha pledged that Thailand would intensify its efforts to address local weather change and obtain carbon neutrality by 2050, as properly as a net-zero target by 2065. BAFS states that the Ayutthaya-Lampang pipeline contributes to a reduction of as a lot as 153,000 tonnes of carbon dioxide annually.
BAFS president Nathasit Diskul anticipates the new oil pipeline venture to be finalised within the subsequent two months. The construction design has been completed, and the company has received permission to construct underground pipelines and those close to highways. BAFS is now awaiting approval for its Environmental Impact Assessment report back to proceed with the venture, reported Bangkok Post.
Nathasit also revealed that the corporate is considering growing its jet fuel gross sales target for this yr, from the previous projection of four.2 billion litres, because of a rise in flights from China. In the first half of 2023, flights serving Chinese destinations are anticipated to extend from 100-125 per week to 400-500 flights between July and the top of the yr..

Leave a Comment