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Friday, March 29, 2024

Energy committee restricts options to biodiesel B5

The Energy Policy Administration Committee (Epac) has announced that petrol stations will sell biodiesel B5, a mix of diesel and 5% methyl ester derived from palm oil, but will no longer offer biodiesel B7, starting this Saturday.

Although the diesel price remains unchanged, the decision is intended to ease the government’s financial burden amid soaring global oil prices. The government had put a cap on diesel prices at 30 baht a litre since October last year.

According to Epac’s estimates, biodiesel B5 will be sold domestically until the end of March this year.

The mix of diesel with methyl ester aims to reduce dependence on oil and support palm oil prices. However, authorities will need to reduce the proportion of methyl ester as prices of both diesel and methyl ester have increased.

The reference price of methyl ester, also known as purified biodiesel, or…

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