Bangchak Group is taking a lead in the clean fuel business for transportation, by opening the first-ever LNG refueling station in Thailand. The facility is located in Bangchak Map Iang service station, KM. 15 Sriracha, Chonburi Province, and provides businesses with a cost-effective, safe, and environmentally friendly fuel option.
Chaiwat Kovavisarach, Group CEO and President of Bangchak Corporation Public Company Limited stated: “Today marks the official beginning of another business venture within Bangchak Group. We are delighted to be an operator of the LNG station with the first license in Thailand from the Department of Energy Business. The station which is capable of accommodating approximately 100 customer vehicles per day is operated by BTSG Company Limited.”
“A plan is in place to expand the number of LNG stations to major cities across all four regions of Thailand and collaborate with business partners in the transportation sector to jointly establish these refueling stations. The primary goal is to ensure convenient and extensive coverage, as well as promoting the widespread usage and adoption of clean fuels. The expansion will meet the growing demand for LNG in the transportation sector, making clean energy accessible in every region of the country and catering to the industrial sector’s demand as well,” he added.
The LNG filling station is operated by BTSG Company Limited, a joint venture between Bangchak Corporation (51% stake) and Thai Special Gas Company Limited (TSG) (49% stake). The company aims to develop and provide LNG-related services by capitalizing the strength of Bangchak’s extensive network of over 2,200 service stations nationwide and leveraging TSG’s three-decade-long expertise in industrial and specialty gases.
Source: Bangchak Group