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Bangchak Petroleum Plc, the majority state-owned oil refinery, will
gradually phase out mainstream petrol products in its service stations
by the end of this year to strengthen its position as a market leader in
alternative fuels.
Bangchak over the past five years has been ahead of its peers in
marketing fuels including gasohol 91 and 95, each of which contains 10%
ethanol, along with gasohol E20, a mixture of 20% etha nol and 80%
premium petrol, as well as B5 (5% biofuel) and B100 (100% biofuel)
diesel.
President Dr. Anusorn Sangnimnuan said that only a few Bangchak pumps
still had regular or premium fuel available for cars made before 1995
that could not use any green fuels.
Bangchak stopped selling premium gasoline last year and replaced it with
gasohol 95. Sales of its regular gasoline, meanwhile, have declined to
20% of total fuel sales from 40% in January. The company's overall oil
product sales volume last month was 200 million litres, up from 170
million six months earlier.
Demand has been rising especially fast for E20 but the company has just
33 stations. It expects to have 60 by year-end when it forecasts demand
of 500,000 litres per month. It also plans to replace all high-speed
diesel with B5 by the end of this year, two years ahead of the
government's 2011 deadline.
As well, it is developing facilities for gasohol E85, a blend of 85%
ethanol blended in 15% petrol, at 15 stations in Greater Bangkok once
flexible-fuel vehicles (FFV) become available.
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