(EnergyAsia, August 23 2011, Tuesday) — The Bank of Thailand said it will consider studying a proposal by state oil and gas firm PTT to use the country’s foreign reserves to establish a strategic oil stockpile to guard against supply disruption and price volatility.Governor Prasarn Trairatvorakul said the central bank will have to tread carefully…
THAILAND: Bank of Thailand to study proposal for establishing strategic oil reserves
Posted on August 23, 2011 by EnergyAsia