Northern Fuel Pipeline Transmissions project (NFPT)
On January 13, 2007, TRITON reported that Strega Public Company Limited ("STREGA"), a wholly-owned subsidiary, holds 84.21% Signed the NFPT contract with Fuel Pipeline Transportation Limited (FPT), which has invested in the construction and management of the pipeline. The project value is 3,300 million baht, which is the project that FPT intends to construct the pipeline system from Bang Pa-in Oil Terminal, Bang Pa-in, Phra Nakhon Si Ayutthaya Province. This is the beginning of the Northern Pipeline Transportation (NFPT) project to transport oil via pipeline to Lampang Oil Depot. The construction period is 568 km, with the construction of open cut and Horizontal Directional Drilling (HDD). It will be completed 24 months.
The signing ceremony took place on the morning of Jan 12th. By M.R.Supadis Diskul and Mr.Charoen Charusalpong. Authorized Signed as a representative of Fuel Pipeline Transportation Limited (FPT), the signatory of Strega Public Company Limited consists of Mr. Harold Arnold Wentworth, Mr. Stephen James Bush And Mr. Prasert Trongcharoenkiet Direct Authorized
Today, oil transportation to various regions of the country utilizes transportation through railways, ships and trucks which has a high cost, power consumption. It causes traffic and environmental problems, and there is a risk of accidents. From the government's strategies and policies towards spatial development, there is a systematic linkage. This results in increased fuel consumption. The Department of Energy Business has conducted studies to promote the expansion of the pipeline system to the North and the Northeast to enhance the country's transportation efficiency.