PTT signal to move the oil marketing year 2011

PTT signal to move the oil marketing year 2011 is 1.80 baht per liter from 1.50 baht per liter this year. Why must improve the investment pump provides a more comprehensive retail point on the year 2011 competition for service Yan PTT. No distribution policy to reduce free trade. But how to develop products that will satisfy customers.

Mr.Charan Rungkasiri Vice President of retail oil company PTT. Co., Ltd. (Thailand) said that the year 2011 are likely vendors will have to modify the value of the oil market increased to at least 1.80 Baht per liter, because the cost of the investment business improvement service stations (pump) solutions to meet the increasingly diverse customers. The average market traders have been in this year at 1.40 to 1.50 baht per liter, a level that habitable But for investment to improve the pumping of new services in the market is now considered such a low

For the year 2011 fuel retail market will be adjusted in a more competitive service. Instead of focusing on improving the old pump, a pump new investment. Due to the more than 10,000 gas stations across the country is quite mature. While oil sales will grow at a rate not much. Because part be replaced by other renewable energy. The natural gas vehicle (NGV) Gas (LGP) of biodiesel and ethanol, however, PTT has no policy to reduce the exchange distributed free by the PTT. Will focus on creating quality products and customer service. main

Mr. Manu Siriwan oil experts said the potential oil business year 2011 competition is expected to be less severe oil traders to reduce investment to create a new pump. Due to high investment. But it turned to the old pump to improve customer service integrated with each other more modern will be focused on creating products aimed at oil products to green (green profile Products) reducing pollution.

"There is a possibility that traders will attempt to move the oil market in 2011 since the last gas station in the competition and improve customer service and high spending enough," said Manu said.
For refining the year 2010 now average well over a year ago. The estimated at U.S. $ 5-6 per barrel. Rate, which is enough to see some profits. The Outlook for 2011 is expected to be slightly higher than this year. Because forecasts global oil demand will rise from global economic growth.