BAFS confirms Rama 3 pipeline leak will not affect 2026 refuelling target of 5.4 billion litres

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BAFS, or Bangkok Aviation Fuel Services Public Company Limited, has confirmed that the oil pipeline leak on Rama 3 Road will not affect its operating results, and it is maintaining its 2026 aviation refuelling volume target at approximately 5.4 billion litres, a slight increase from the previous year. Miss Pispong Chantranon, Manager of the Investor Relations Department, disclosed that refuelling volumes at Suvarnabhumi and Don Mueang airports remain close to 13 million litres per day, supported by seasonal factors after entering the second half of the year, which should help third-quarter 2026 operating results come in close to or slightly above the second quarter of 2026. Meanwhile, the pipeline oil transport business of BAFS Pipeline Transportation Company Limited, or BPT, a subsidiary, is maintaining its pipeline transport volume target for this year at approximately 1.36 billion litres. The location of the incident is one of the pipeline routes for which BPT grants rights in exchange for compensation to Bangkok Fuel Pipeline Transportation and Logistics Company Limited, or BFPL, effective from 1 January 2022. The leak point has now been found and is undergoing temporary repairs, with a return to service expected within one to two days. Permanent repairs will require the engineering team to assess the details again. Under the contract, the costs are primarily the responsibility of the lessee or sublessee. Any 50:50 sharing of liability between BAFS and BCP would arise only if it can be proven that the leak occurred before the pipeline transfer. The company is confident it occurred after the transfer and has not set aside any expense provision for this incident in the third quarter.

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Off-coverage companies 1

Bangkok Fuel Pipeline Transportation and Logistics Co., Ltd. (BFPL)i
Private± MixedSupplyrelevance

As lessee/sublessee of the affected pipeline route, BFPL is primarily responsible for the leak repair costs under the contract, though the leak is expected to be fixed within one to two days.