BCP vows to take over Esso's spot | Bangkok Post: business

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BCP vows to take over Esso's spot

No.3 oil retailer sets sights on second place

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State majority-owned Bangchak Petroleum Plc (BCP) has vowed to overtake Esso to become Thailand's second-largest oil retailer next year, a year ahead of its original target. 

Yodphot Wongrukmit, the senior executive-vice president for marketing, said BCP sold 2 million litres less than Esso (Thailand) in May compared with a gap of 50 million litres last December.

BCP is heavily promoting biofuel, particularly gasohol E20 and E85, which are mixtures of 20% ethanol and 80% petrol and a 85:15 ratio, respectively.

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