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

Under the table (BAFS) is set to assemble a brand new 52-kilometre oil pipeline connecting Saraburi to Ang Thong, in a bid to enhance its commerce within the northern region. The challenge, which is estimated to price 1.2 billion baht, will facilitate oil transportation from the east to the north. BAFS is currently 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 network linking refineries within the japanese region. BAFS’s oil storage in the Laksi space of northern Bangkok utilises this network 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 provided full service in 2021, with an oil-carrying capacity of two.forty five billion litres per yr. However, solely 20% of the whole capacity, approximately 410 million litres, was utilised in 2022, in accordance with Fuel Pipeline Transportation.
The transportation of oil to the northern provinces aligns with the government’s campaign to reduce carbon dioxide emissions from vans. At the 26th UN Climate Change Conference in Glasgow in 2021, Prime Minister Prayut Chan-o-cha pledged that Thailand would intensify its efforts to handle local weather change and achieve carbon neutrality by 2050, as well as a net-zero target by 2065. BAFS states that the Ayutthaya-Lampang pipeline contributes to a discount of as a lot as 153,000 tonnes of carbon dioxide annually.
BAFS president Nathasit Diskul anticipates the new oil pipeline challenge to be finalised throughout the next two months. The building design has been completed, and the corporate has received permission to construct underground pipelines and those close to highways. BAFS is now awaiting approval for its Environmental Impact Assessment report to proceed with the project, reported Bangkok Post.
Nathasit also revealed that the company is contemplating increasing its jet gas sales goal for this year, from the earlier projection of four.2 billion litres, due to a rise in flights from China. In the primary half of 2023, flights serving Chinese locations are expected to increase from 100-125 per week to 400-500 flights between July and the end of the 12 months..

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