BAFS to construct brand-new B1.2bn oil pipeline

BAFS to construct brand-new B1.2bn oil pipeline

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Project set to link networks together Oil storage containers at Bangkok Aviation Fuel Services in the Laksi location of northern Bangkok. Bangkok Aviation Fuel Services Plc (BAFS) prepares to construct a brand-new oil pipeline to link networks together, in order to increase its trade in the northern area. A 52-kilometre pipeline will run from Saraburi to Ang Thong. These 2 provinces will assistin oil transport from the East to the North. The expense of buildingandconstruction is approximated at 1.2 billion baht, stated Nathasit Diskul, president of BAFS, including that the financialinvestment is not in the business’s capital costs strategy which was revealed earlier. BAFS is in talks with Thai Petroleum Pipeline Co over the brand-new oil pipeline task. Thai Petroleum Pipeline, with PTT Oil and Retail Business Plc as the biggest investor, presently runs an oil pipeline network linking refineries in the eastern area. BAFS’s oil storage in the Laksi location of northern Bangkok likewise utilizes this oil pipeline network. Its oil storage serves airplanes at Don Mueang airport. BAFS’s subsidiary Fuel Pipeline Transportation runs an oil pipeline linking Bangchak Corporation Plc’s oil refinery in Ayutthaya’s Bang Pa-in district to the northern province of Lampa
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