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Bank reveals cooperation with all parties to supply oil uninterrupted, “TOP” closed for repairs

Bangkok, Banks talk about procuring enough oil for use. Cooperate with all parties to procure the 3rd Crude Oil Distillation Unit, Thai Oil Refinery, closed for repairs 16-28 Jan. 2024. Mr. Sarawut Kaewtathip, Director-General of the Department of Energy Business (Department of Energy Business), revealed that from the case of Crude Oil Distillation Unit 3 of the Thai Oil Refinery, there was a maintenance shutdown for a period of 13 days between 16 - 28 January 2024. Affecting the production volume of diesel oil. and jet fuel There have been meetings to discuss and monitor the situation continuously. Collaborating with Thai Oil and all oil refineries -Oil traders under Section 7 to prepare measures to prevent and solve fuel shortages. by expediting imports Most recently, on January 29, 2024, a report was received from Thai Oil that the maintenance of the said production unit has been completed and normal production has resumed. For monitoring the situation and cooperation of all parties together to procure enough jet fuel (JET A1) to meet domestic demand without impact. For high-speed diesel fuel which was quite tight in the beginning Oil traders have been ordered to prohibit the export of high speed diesel fuel. Except if necessary according to the contract and bring in reserve fuel according to the law of the high-speed diesel group Can be sold in an amount not exceeding 20 percent of the legal reserve that is required to be kept in reserve. Including accelerating imports so that there is enough oil to meet the country's demand. Source: Thai News Agency