bunker fuel with high Sulphur content, and have replaced them with low Sulphur bunker fuel to prepare for the transition towards adopting the use of bunker fuel oil with Sulphur content not exceeding 0.5
“CFP”) of Thai Oil Public Company Limited (“Thai Oil”); to accept the transfer of ownership in the ERU Project from Thai Oil, with a total value of not exceeding USD 757 million (which is equivalent to a
production of the bunker oil with Sulphur content not exceeding 0.5% in 2020. When comparing Dated Brent and Dubai spread (DTD/DB) average between 2019 and 2018, a decline of 0.96 $/BBL, this is due to
decreased fuel oil demand, as the demand of High Sulphur Bunker (Sulphur content not exceeding 3.5%) decreased by 12% compared to the previous quarter. As well as the demand for fuel oil for electricity
supply the consumption of the bunker oil with Sulphur content not exceeding 0.5% in 2020. Jet (Kerosene) and Dubai crack spread (IK/DB) in Q1/2020 averaged at 8.46 $/BBL, a decline of 5.48 $/BBL compared
. 12. The performance for each business unit are as follow: The company groups’ 2018 performance declined significantly compared to the previous year, as the Refinery and oil trading business group was
to an inventory gain of THB 856 million. However, there was a loss from crude and product oil price hedging contract at THB 75 million. Furthermore, the refinery planned to manage the stocks of
Rule”). Currently, the Company focus on the business expansion of the crude palm oil (CPOA) trading business for biodiesel as there is a high potential growth and will partially conducting a trading CPOA
, crude oil, or any other property as specified in the notification of the SEC with the approval of the Cabinet, excluding currencies. “variable” means any exchange rate, interest rate, financial index
the parent was THB 528 million (-46% YoY, +147% QoQ). Earnings per share was THB 0.38, with performance from each business group as follow: Performance of refinery and oil trading business was still