BANGKOK: Thailand is trying to find ways to reduce its costly dependency on oil imports. Next year, the government will make it mandatory for all diesel powered vehicles to use two-percent biodiesel fuel.
The country consumes energy equivalent to 1.9 million barrels of oil per day, and its total energy imports are valued at 11 percent of the GDP.
With this demand expected to grow five percent annually, finding and using alternative fuels has become a priority. [Read Full Article]
By Anasuya Sanyal,
Channel NewsAsia’s IndoChina Correspondent | Posted: 19 July 2007