Thai PM visits Singapore for closer energy cooperation
SINGAPORE, Oct. 12 (Xinhua) — Thai Prime Minister Srettha Thavisin was on an official visit to Singapore on Thursday and met separately with Singaporean President Tharman Shanmugaratnam and Prime Minister Lee Hsien Loong, according to a statement by the Singaporean Foreign Ministry.
Thailand BOI Approves Investment Applications Worth USD1.1 Billion in EV, Renewable Energy, Data Centers, Travel Infrastructure Projects
BANGKOK, Oct. 11, 2023 /PRNewswire/ — The Thailand Board of Investment (BOI) yesterday approved investment promotion applications worth a combined 41 billion baht (USD1.1 billion) in projects including the manufacturing of electric vehicles (EV), the generation of renewable energy from waste, data centers, as well as travel and tourism infrastructure and equipment.
Bangchak Group Open LNG Refuelling Station in Thailand
Bangchak Group, a SET-listed company, has opened the first-ever LNG refuelling station in Thailand, it said on October 4. The station is located at Bangchak Map Iang in Chonburi Province.
Miller expands Thailand presence with energy sector partnership
Miller has announced a new partnership with Central Insurance Services (CIS) in Thailand, aimed at enhancing the firm’s energy offerings and expanding its reach within the region.
New power tariff rate takes effect
The new power tariff of 3.99 baht per kilowatt-hour (unit), which reduces electricity bills for the last four months of this year, has taken effect, following approval from the Energy Regulatory Commission, which was instructed to enact the government’s energy price policies.
Thai oil firm PTTEP may seek extension for Myanmar gas fields
ABU DHABI, Oct 2 (Reuters) – Thai oil and gas giant PTT Exploration and Production (PTTEP) (PTTEP.BK) may extend its contracts for two gas fields in neighbouring Myanmar when one ends in 2028 and the other in about 20 years, its chief executive said on Monday.
Thailand’s fuel consumption rises despite diesel usage drop, reveals report
The Department of Energy Business in Thailand has revealed a 2.3% rise in the country’s fuel consumption to 155 million litres per day (MLD) in the first eight months of the year. This comes despite a decrease in diesel usage by 3.9% to 70 MLD, attributed to escalating prices.
Buoyant EV market raising skill gap concerns
The EV market in Thailand is growing rapidly thanks largely to the government’s promotional packages to incentivise both car manufacturing and consumers, high fuel costs and increasing awareness about emissions from road-based transportation.
Thailand EV sales shatter forecasts
Thailand EV sales shatter forecasts but sales could slow next year after surprisingly strong 2023 if subsidies are not extended, according to BMI
Exploring efforts to ease power bills
The Srettha Thavisin cabinet quickly approved a plan to reduce the power tariff at its first meeting earlier this month in a bid to reduce electricity bills.