Wednesday, November 18, 2009

Thailand Inaugurates First Private NGV Mother Station

H.E. Dr. Wannarut Channukul, Minister of Energy, today inaugurated Thailand’s first NGV mother station under private investment. Located at Tambon Chiang Rak Noi, Amphoe Sam Khok, Pathum Thani province, the station is operated by Sakol Energy Co., Ltd., which pioneers NGV distribution on behalf of PTT Plc. 
          The minister of energy said that with the spiraling NGV demand, PTT had been expanding the capacity of existing mother stations while securing land for additional mother stations to meet the public demand for the increasingly popular fuel. At the same time, the ministry had supported PTT’s invitation for private investment in new mother stations to add to PTT’s tally and raise NGV supply. With a distribution capacity of 250 tons/day, Sakol Energy’s station is Thailand’s first private NGV mother station, supplementing PTT’s distribution capacity and transmission volume for 19 daughter stations in Bangkok, Nonthaburi, Pathum Thani, and Ayutthaya.
          Mr. Prasert Bunsumpun, PTT’s Chief Executive Officer and President, added that the private sector’s acceptance of PTT’s invitation to set up mother stations is regarded as a milestone step for private participation in NGV business development. For this would not only raise PTT’s own efficiency of promoting NGV in the transport sector, but also ease motorists’ NGV refueling queues. Today, PTT commands a total of 18 mother stations, which supply the fuel to daughter stations nationwide with a total distribution capacity of 3,600 tons/day. Combined with the distribution capacity of its 78 conventional stations, its total capacity now stands at 7,750 tons/day. The national oil company’s current NGV sales volume amounts to about 3,900 tons/day. Currently, there are 358 NGV stations operating nationwide. According to the plan, PTT targets to increase the number of NGV stations by the end of this year.

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