BAFS expands Saraburi-Ang Thong Thappline oil pipeline, targeting volume of 700 million liters, expected COD in 2026.

M.L. Natthasit Diskul President Bangkok Aviation Fuel Services Public Company Limited or BAFS Revealed that the company and its group of companies (BAFS Group) attach importance to sustainable business operations. By planning strategies to strengthen the ability to drive the organization. Integrating business expansion and sustainable growth together. In the past, the company has focused on improving the level of aviation fuel services and continuously expanding investment in the group of companies.

Recently, it has been considered to be the operator of the oil pipeline system connection. Saraburi-Ang Thong oil transportation pipeline system project fit withSaraburi Oil Depot Systemof Thappline To expand the oil transportation system to the northern region, Phase 3, route: Saraburi Oil Depot – Ang Thong Pipeline Intersection Station Distance of approximately 52 kilometers, it is an extension of the Northern Oil Transportation Pipeline, Phase 1, from Bang Pa-in Oil Depot to Kamphaeng Phet – Phichit Oil Depot

As for Phase 2, Kamphaeng Phet – Nakhon Lampang Oil Depot. This will help increase the potential of oil transportation. From Sriracha Oil Refinery and Map Ta Phut Oil Refinery located in the eastern region to the northern region. Through an underground pipeline system, replacing transportation by oil trucks. This will help reduce carbon dioxide emissions. Reduce dust and smoke problems from the combustion of fuel from transportation. It also helps reduce accidents that may occur from long distance driving.

For this connection of the oil transportation pipeline It is expected that construction will begin within 2024 and there is a plan to open for commercial service (COD) by 2026. It is expected that the volume of oil transported through the pipeline to the northern region will increase by more than 50% from before. The level of the oil pipeline transportation network in the Northern Oil Pipeline Expansion Project (NFPT), with a total distance of more than 628 kilometers, is considered the longest oil pipeline transportation system in ASEAN. Therefore, the company has supported the increase in capital to strengthen Financial and investment stability Ready to change the name “Fuel Pipeline Transportation Company Limited” (FPT)” to “BAFS Pipeline Transportation Company Limited (BPT)” Effective from April 1st.

whileMr. Jess Tupiya Managing Director of BPT revealed that in the past year The company focuses on aggressive marketing to encourage more customers to use the oil pipeline transportation service. Continuously affecting this year It is estimated that the amount of oil transported through the pipeline system will likely increase significantly.

The company plans to increase the amount of oil through the pipeline by promoting the oil depots at the end of the pipeline, namely Phichit Oil Depot and Nakhon Lampang Oil Depot, to be oil distribution points for export to the Republic of the Union of Myanmar and Lao People’s Democratic Republic It is scheduled for June this year. As a result, the estimated amount of oil transported through the pipeline system to the Nakhon Lampang Oil Depot increased by 40%.

For the past 1Q24, the company’s oil transportation volume grew by 41% compared to the same period last year. and believe that the 2nd quarter of 2024 will continue to improve As a result, the target for oil transportation volume in 2024 is expected to be at 1,200 million liters, with market share increasing to at least 32%.

“Another important mission of the company is to help drive society towards the goal of reducing greenhouse gas emissions from the transportation sector. By starting to provide service for the Northern Oil Pipeline System since 2019, the company has helped reduce the amount of greenhouse gas emissions from transporting oil by truck by more than 54,000 tons of carbon dioxide equivalent. Or equivalent to planting 5,684,200 trees.” Mr. Jess say

In addition, the company has plans to continue operating the oil pumping machine. With clean electricity from our solar farm panels.BCPG Public Company Limited (BCPG) To replace the use of electricity from traditional energy. Starting to begin operations at Bang Pa-in Oil Depot within this year, ready to expand the project to install rooftop solar panels. at the Phichit and Nakhon Lampang oil depots which reflects that The company is committed to reducing air pollution emissions. Driving the country towards becoming low carbon society Achieve the Net Zero Emissions goal sustainably