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Sontirat instructs EGAT to buy more crude palm oil

Jul 26. 2019
Energy Minister Sontirat Sontijirawong
Energy Minister Sontirat Sontijirawong
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By THE NATION

Energy Minister Sontirat Sontijirawong has tasked the Electricity Generating Authority of Thailand (EGAT) with opening bids for the purchase of a further 133,000 tonnes of crude palm oil to complete a quota of 200,000 tonnes that had been set by the Cabinet.

“The oil will be used as fuel for Bangpakong Power Plant, while the whole operation is aimed at alleviating the plummeting prices for palm oil,” said Sontirat, after he had discussed the bidding plan with the Department of Internal Trade.

Sontirat also said that next week the Energy Ministry will have discussions with related agencies in a bid to address several issues. These include the power development plan of 2018-2037 (PDP2018), replacing B7 biodiesel with its B10 counterpart, and the development of Map Ta Phut Port in phase 3, which involves imports of liquefied natural gas (LNG).

“I am prepared to listen to all opinions, and will consider impacts and consequences thoroughly before making any decisions,” he said. “Energy Ministry will focus on projects that benefit the country as a top priority. And I insist that under my administration every policy will be fair and fully transparent,” said Sontirat.

“I am prepared to listen to all opinions, and will consider impacts and consequences thoroughly before making any decisions,” he said. “The Energy Ministry will focus on projects that benefit the country as a top priority. And I insist that under my administration every policy will be fair and fully transparent.”

He said the Energy Ministry is following the UN’s guidelines on sourcing alternative energy to reduce the country’s dependency on fossil fuel sources in power plants. The desired alternative energy needs to be both affordable and eco-friendly in order to minimise the financial burden on consumers and the impact on the environment.

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