Bangchak’s oil terminal in Ayutthaya’s Bang Pa-in district. (Photo: Bangchak Corporation)
SET-listed energy conglomerate Bangchak Corporation aims to expand its energy logistics business after shareholders approved a plan to take over Esso (Thailand) Plc.
Chaiwat Kovavisarach, chief executive of Bangchak Group, said the company is planning long-term investment through its subsidiary Bangkok Fuel Pipeline and Logistics Co (BFPL) with the aim of racking up more revenue.
Established in 2021, BFPL provides a service to transport oil, including gasoline and diesel, through pipelines from Bangchak and other customers to an oil terminal in Ayutthaya’s Bang Pa-in district and to aviation fuel depots at Suvarnabhumi and Don Mueang…
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