BAFS Signs THB1.6 Billion Agreement to Manage Bangkok-Bang Pa-in Fuel Pipeline Systems

Bangkok Aviation Fuel Service Public Company Limited (SET: BAFS) announced that Fuel Pipeline Transportation Company Limited (FPT), its subsidiary, has signed the Agreement for the Grant of Right to Manage the Fuel Pipeline Systems (Bangkok-Bang Pa-in) dated December 30, 2021 with Bangkok Fuel Pipeline and Logistics Company Limited (BFPL), a subsidiary of Bangchak Corporation Public Company Limited (SET: BCP) in the total amount of THB1,600 Million for 20 years started from January 1, 2022 to December 31, 2041.