Fuel Pipeline Transportation Pipeline Project

1/9/2016
Project development

$ 147.2 million

Announced

1/9/2016


Overview:

  • Fuel Pipeline Transportation has obtained financing from Bangkok Bank to construct a major fuel pipeline in Thailand that starts from Ayudhaya Province in central Thailand to the country's northern provinces and for fuel tank farms in areas along the pipeline.
  • The project is a part of Asean's fuel security enhancement initiative according to energy minister Anantaporn Kanjanarat. 
  • The deal is significant considering the broad area in Thailand affected by the pipeline, and the resulting potential for land rights issues and environmental challenges. 

Wai Yee Tsang - Journalist Asia-Pacific

 

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