AEC Biofuel Teamwork Urged
(Bankok Post) Thailand is being urged to step up joint development and know-how exchanges with Malaysia and Indonesia on ethanol and biodiesel to stave off reliance on oil imports, according to energy veterans.
“We should get more serious in joint development of biofuels, as in the future the oil price will definitely increase,” said Khunying Thongtip Ratanarat, Thailand’s energy guru and former executive director of the Petroleum Institute of Thailand.
Joint development “will help strengthen the Asean Economic Community in the future because we can grow, blend, sell and consume by ourselves.”
… Independent economist Kriengsak Chareonwongsak suggested Thailand should set a long-term goal of alternative fuel in line with the Asean Economic Community and should have an action plan, not just tentative plan.
“A few decades ago Brazil announced it will become a global production hub for ethanol. Its state and private sectors have worked closely on joint development,” said Dr Kriengsak.
He proposed Thailand terminate subsidies, particularly liquefied petroleum gas. READ MORE