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Thai Ethanol Plants Ready to Produce 7 Million Liters/Day for E20 Push

Thai Ethanol Plants Ready to Produce 7 Million Liters/Day for E20 Push

Thansettakij•Economy•24d ago

Reader Briefing

Thailand is poised to significantly boost its E20 gasoline usage as 28 domestic ethanol plants confirm their readiness to produce 7 million liters per day, a move aimed at enhancing energy security and supporting the agricultural sector.

  • •28 ethanol production facilities across Thailand are prepared to produce 7 million liters of ethanol daily to support the government's push for E20 gasoline.
  • •The policy aims to reduce Thailand's dependence on crude oil imports and stabilize fuel prices amidst global energy market fluctuations.
  • •Ethanol production from domestic resources like sugarcane and cassava will add value to agricultural products and bolster the rural economy.
  • •Industry associations are fully supporting the government's initiative to establish E20 as the country's base grade gasoline.

Overview

  • •28 ethanol plants in Thailand are ready to produce 7 million liters of ethanol per day.
  • •This readiness is to support the government's policy to promote E20 as the country's base grade gasoline.
  • •Promoting E20 as the base grade will reduce reliance on crude oil imports and stabilize domestic fuel prices.
  • •Currently, Thailand's ethanol consumption is about 3.5 million liters per day, while gasoline consumption exceeds 30 million liters per day.
  • •If E20 is fully promoted, ethanol demand will increase to over 6 million liters per day.
  • •Both the Thai Sugarcane Producers Trade Association and the Cassava Ethanol Association support the government's E20 policy.
  • •Thailand has a current total ethanol production capacity of approximately 7.2 million liters per day.
  • •If the government fully promotes E20 usage, the demand for cassava in the ethanol industry will increase by about 6 million tons per year.

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Key Quotes

Kittisak Wattanavekin
"Elevating E20 to a base grade is a crucial strategy for national energy security, reducing reliance on crude oil imports and stabilizing fuel prices amidst global energy market volatility."
การยกระดับ E20 เป็นน้ำมันพื้นฐาน ถือเป็นยุทธศาสตร์สำคัญในการสร้างความมั่นคงพลังงานของประเทศ เพราะช่วยลดการพึ่งพาการนำเข้าน้ำมันดิบ และสร้างเสถียรภาพด้านราคาเชื้อเพลิง ท่ามกลางความผันผวนของตลาดพลังงานโลก
Sureyas Khowsurat
"Thailand's cassava-based ethanol industry is highly prepared to produce in support of the E20 base grade oil policy."
อุตสาหกรรมเอทานอลจากมันสำปะหลังของประเทศไทยมีความพร้อมอย่างยิ่งในการผลิตเพื่อรองรับนโยบาย E20 เป็นน้ำมันพื้นฐาน

Key Entities

Law

E20
A type of gasoline blended with 20% ethanol, being promoted as Thailand's base grade fuel.

Organization

Thai Ethanol Producers Trade Association(สมาคมการค้าผู้ผลิตเอทานอลไทย)
An industry association advocating for the promotion and production of ethanol in Thailand.
Cassava Ethanol Association(สมาคมเอทานอลจากมันสำปะหลัง)
An industry association focused on ethanol production derived from cassava in Thailand.

Person

Kittisak Wattanavekin(นายกิตติศักดิ์ วัธนเวคิน)
President of the Thai Ethanol Producers Trade Association, commenting on the strategic importance of E20.
Sureyas Khowsurat(นางสาวสุรียส โควสุรัตน์)
President of the Cassava Ethanol Association, expressing the industry's readiness to support the E20 policy.

Place

Thailand(ไทย)ℹ️
The nation implementing policies to boost E20 gasoline and enhance energy security.