Jul 10, 2024
Thailand's oldest oilfield set for redevelopment with 300 million baht budget
Thailand's Defence Energy Department's NPDC plans to redevelop Fang Oilfield in Chiang Mai, upgrading the refinery to Euro5 standards to produce lower-sulphur diesel. The military aims to maintain control citing wartime fuel needs. Move Forward Party wants the oilfield transferred to government. Thailand's Energy Minister pushes to increase national oil reserve security.