Bangkok Aviation Fuel Services Public Company Limited (BAFS) and China Aviation Oil (Singapore) Corporation Ltd (CAO) have entered into a memorandum of understanding (MOU) to establish a framework for sharing and exchanging knowledge, expertise, skills, and experiences aimed at enhancing technology and promoting sustainable aviation fuel development (the “Knowledge Sharing Partnership”).
The MOU, signed on 28 May 2024 by BAFS President M.L. Nathasit Diskul and CAO Executive Chairman Mr. Shi Yanliang, marks the beginning of this collaboration at a physical signing ceremony in Singapore.
The Knowledge Sharing Partnership seeks to: (1) facilitate joint identification of programs in the aviation fuel supply business; and (2) develop and enhance services in the aviation fuel supply business. This entails involving relevant programs, offices, and other entities within the respective organizations of BAFS and CAO to provide or coordinate resources or activities, support the development of appropriate tools or training to enhance the capabilities of human resources in both organizations, advance technology related to comprehensive aviation refueling systems, storage of aviation fuel using a hydrant pipeline network, maintenance and transportation of aviation fuel through an underground pipeline system, and the development of sustainable aviation fuel to propel the aviation industry toward the use of clean energy in the future.
