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Last update: 09.07.2011
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Thailand diverts oil meant for biofuel
Source : biofuels-news.com
In Thailand, the world's third-largest producer of palm oil, the Energy Ministry is to hold 5'000 tonnes of crude palm oil (CPO) for use of cooking oil, as the country's government works to address the shortage of domestic palm oil. This CPO was originally intended for biofuel production, however will now be refined as cooking oil. A further 10'000 tonnes of CPO held by the private sector will also be converted into cooking oil for household use. The move comes following the National Palm Oil Policy Committee meeting, which was held on 22 February and chaired by Thailand's deputy Prime Minister Suthep Thaugsuban. During the meeting it was also decided that the nation will import 30'000 tonnes of CPO during the next two weeks in order to help meet the domestic demand for cooking oil.
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2 March 2011 |
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