EGAT Energy Accelerates Quota Purchase of Crude Palm Oil

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            Ministry of Energy Urging EGAT to purchase the remaining 133,750 tons of CPO from 200,000 tons and requesting cooperation from oil traders to support B10 for sale in pumps
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        <p>Today (27 September 62), Mr. Sontirat Sonthichirawong, Minister of Energy, revealed that the Ministry of Energy has coordinated the Electricity Generating Authority of Thailand (EGAT) to start buying crude palm oil in the part that The remaining 133,750 tons will be completed around October 2019 from the cabinet resolution (Cabinet) that EGAT procured a total of 200,000 tons to use for electricity production in the Bang Pakong Power Plant. And, in the past, the EGAT has received 66,250 tons of purchase in order to support the price of palm during the period when the amount of products being released to the market in time<br/>

In addition, in the past, the Ministry has campaigned for people to use B10 oil as a base grade oil. Helps to promote biodiesel produced from palm oil, resulting in higher production prices immediately. And continue to increase the support measures by allowing EGAT to buy 133,750 tons of raw palm for electricity. Here, we are confident that it will be an important tool in raising the price of palm products to market. Systematically release the remaining stock. Will benefit palm planters, especially at the end of this year

As for Ms. Nanthika Thangsupanich, Director-General of the Department of Energy, said that the Ministry of Energy There are measures to increase the proportion of biodiesel (B100) in the energy sector. To help the oil palm growers With the goal of balancing the whole oil palm system of the country to be sustainable By targeting the use of B100 to approximately 7.0 million liters / day, which will be able to absorb about two-thirds of the country's total production at present, or about 2.2 million tons / year.

The Bank of Thailand specifies that diesel fuel with a B100 mixture of 10%, or B10, is base diesel for general diesel vehicles. Since January 1, 2020 and the B7 diesel is an alternative fuel for older cars and European vehicles The B20 diesel is an alternative fuel for large trucks.

On this day (27 September), invited oil traders under Article 7 that produces and sells diesel fuel. And biodiesel manufacturers Come to discuss to find a mutual agreement In pushing the policy to adjust B10 diesel to base diesel fuel Both the oil traders and the B100 manufacturers have jointly determined the guidelines and the timing for pushing such policies, such as October 1, 2019, requesting cooperation from the oil traders to increase the sales volume of B10 diesel in service stations, on 1 December 2019, announced the specification and quality of biodiesel (B100) only one type, on January 1, 2020, every oil dealer has to produce B10 and B10 diesel will have All stations in the station.

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