Energy giant PTT Plc has confirmed its plan to phase out regular petrol by the middle of this month, projecting its ethanol-based petrol sales will rise substantially this year through retail network expansion.
Senior executive vice-president Sarun Rungkasiri said PTT will convert pumps at service stations from octane-91 petrol to other types of petrol including E20, E85, gasohol 91 and premium octane-95 petrol.
PTT operates 1,300 service stations. About 1,000 have a total of 35 million litres of regular petrol but should sell out within this month, he said.
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