Bangchak Steps Up Production and Distribution to Meet Increased Fuel Demand

In light of the unrest in the Middle East, the Company has been operating at full capacity across procurement, refining, and distribution. Over the past three weeks, refinery throughput has been continuously increased, reaching approximately 290,000 barrels per day, or 110% of installed capacity, equivalent to about 19 million liters of diesel per day. At the same time, overall fuel demand in the country has risen rapidly, with sales in certain periods exceeding production levels. The Company has therefore been pushing as much fuel as possible out of its refineries and distributing it across the country, with priority given to supplying service stations. Production volumes and inventory levels are regularly reported to relevant authorities, and the situation is closely monitored. However, an approximately 30% increase in demand has resulted in some stations being unable to receive and turn over supply in time during certain periods. Following government measures to ease transportation constraints and reserve requirements, distribution has become more efficient, contributing to a gradual easing of the situation. The Company will continue to maintain this high level of production going forward and kindly asks the public not to panic and to use energy appropriately in line with the Sufficiency Economy Philosophy.

Based on data for March 2026 (as illustrated), sales have been volatile and exceeded production levels during several periods, with early signs emerging at the beginning of the month and rising again in mid-month. This reflects a rapid increase in short-term fuel demand. As a result, some service stations were temporarily closed during certain periods, accounting for approximately 10–20% of total stations, as supply could not be received and turned over quickly enough in some areas. However, as distribution improved, the situation has gradually improved, with the number of affected stations continuing to decline. Most service stations have been able to resume operations within 24–48 hours.

The Company is managing fuel distribution to the best extent possible in line with the situation, while maintaining ongoing fuel supply. Temporary closures at some service stations were due to a rapid increase in demand during certain periods, as well as logistical constraints in transportation and distribution in each area and were not caused by any reduction in refinery supply. The Company continues to closely monitor the situation and is making every effort to ensure fuel distribution reaches all areas nationwide.

The Company remains committed to supporting the country’s energy security, working closely with government agencies, and managing fuel supply to meet consumer demand as effectively as possible under the current surge conditions. It will continue to maintain high production levels going forward and kindly asks the public not to panic and to use energy appropriately in line with the Sufficiency Economy Philosophy.