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Bangkok Post

Business

Biofuel initiative gains government backing

Akanat Promphan Oil Energy

A palm oil plantation in southern Thailand. Palm oil is a key ingredient in biodiesel production.

Energy Minister Akanat Promphan has announced stronger government backing for biofuels in a bid to reduce the country's heavy reliance on imported oil, which currently makes up 90% of total consumption.

Only 10% of oil used domestically comes from local sources.

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