pandemic. This led to various refineries cutting down on production to compensate for the dwindling demand, while the same quarter of the previous year, supplies were in a tight state. 10 Management
with the temporary maintenance closure of some oil refineries in the last quarter of the year. Nevertheless, the current account remained in surplus with the value of imports contracted at a greater rate
increase in Gasoline exports. Additionally, various other refineries were running at high utilization rate due to high GO/DB and FO/DB crack spread level, which consequently lead to high supplies of Gasoline
. Firstly, the government defined revision of B100 specification and quality on December 1, 2019, corresponding to preparing the stock of biodiesel B10 by fuel traders M.7. After that, all refineries are
conduct a purchasing CPOA trading agreement with group/cooperation of palm farmers and also secure a selling CPOA trading agreement with big refineries which use CPOA to produce biodiesel (i.e., Global
Dubai crude oil price in Q1/2019 adjusted downward by 4.89 $/BBL when compared to Q4/2018 in regards to pressure from diminishing crude oil demand stemming from major maintenance of refineries over in the
decreased by 0. 81 $/BBL, compared to the average 15. 29 $/BBL in the previous quarter, the difference was the consequence of pressure from supplies that increased after various refineries resumed operation
supplies after various refineries have finished their turnaround maintenance period, and lowering demand from the Chinese fishing sector after entering the fishing ban season in the South and East China seas
palm farmers and also secure a selling CPOA trading agreement with big refineries which use CPOA to produce biodiesel (i.e. Global Green Chemicals PCL and Bangchak Corporation PCL). The agreement will be
entity’s networks; (4) policy on access control on information and information processing facilities in line with IT security requirements; (5) policy on the use of IT outsourcing which covers selection and