Connect with us
The clever new way to send money abroad

Business

Oil consumption up 4-5% during Songkran

Oil consumption has risen by four to five percent during the Songkran festival or from April 12 until April 17

Published

on

Oil consumption rises 4-5% during Songkran festival

BANGKOK, 17 April 2019 (NNT) – The Department of Energy Businesses has disclosed that domestic oil consumption has risen by four to five percent during the Songkran festival or from April 12 until April 17, mostly due to journeys between the provinces and Bangkok for the long holiday.

Department of Energy Businesses Director, General Nanthika Thangsupanich said today the 4-5% increase in oil consumption during Songkran accounted for a record 32 million liters of gasoline per day and 68 million liters of diesel per day.

Most of the fuel was for the long holiday from April 12 to April 17 during which festival goers have traveled to their home provinces and then returned to the capital city.

The daily volume of oil consumption is expected to amount to one million barrels, accounting for no less than a three percent increase throughout the year. Besides, she said, most of the consumed oil is supposed to be environmentally friendly.

Source link

Click to comment

Leave a Reply

Business

China’s economy stumbles on power crunch

Published

on

BEIJING (Reuters) – China’s economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market and raising pressure on policymakers to do more to prop up the faltering recovery.

(more…)
Continue Reading

Business

Thailand aims to push its games and content industry

After almost a year under the pandemic, the number of game players in Thailand rose to 32 million and helped the market generate over a billion dollars in 2020, according to NewZoo, an international analytics and market research group.

Published

on

Currently, key digital organizations involved in the economy are joining forces to push the Thai gaming industry, so as to attain the level of a regional hub.

(more…)
Continue Reading

Most Read

Recent