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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

National News Bureau of Thailand

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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.

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Business

One million people register on first day of Chim-Shop-Chai program

10 million persons will be able to register themselves to receive a 1,000 baht allowance each in the government’s electronic money mobile application

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A total of a million people have registered to join the government’s Chim-Shop-Chai (Taste-Shop-Spend) program, under which each of them will receive a 1,000 baht giveaway to be spent between September 27th and November 30th, on the first day.

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Business

16 countries agree to conclude RCEP talks by end of this month

The final round of RCEP talks in Danang, Vietnam, is scheduled from September 19 to September 27 for senior officials to prepare various agenda pertaining to goods, services and investments

National News Bureau of Thailand

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BANGKOK, 9 September 2019(NNT)-The 51st ASEAN Economic Ministers Meeting has agreed that the final round of the Regional Comprehensive Economic Partnership (RCEP) talks in Vietnam should reach their conclusion by the end of this month.

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Thailand to Produce 2.5 Million Vehicles in 2030

Today there are about 15 million vehicles in Thailand and the Energy Ministry expects to see 1.2 million BEVs and plug-in hybrid electric vehicles within 2036.

Boris Sullivan

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The Thailand Automotive Institute expects the country will produce 2.5 million vehicles in 2030 and about 200,000 of them will be battery electric vehicles (BEVs).

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