SET-listed Bangkok Aviation Fuel Services Plc (BAFS) has finalised its extension plan for an oil pipeline from Phichit to Myanmar in a bid to transport liquid petroleum directly to countries along the Indian Ocean. Prakobkiat Ninnad, managing director of BAFS, said the firm conducted a feasibility study for the oil pipeline extension. "The extension of the oil pipeline will be part of the connection to power transmission lines in Myanmar," Mr Prakobkiat said. Moreover, BAFS plans to extent the pipeline from its oil depot in Lampang to Chiang Mai for the new cross-border pipeline to southern China. Mr Prakobkiat said BAFS is running over capacity to serve increasing air traffic at Suvarnabhumi and Don Mueang airports.

Source: Bangkok Post June 03, 2019 23:37 UTC