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3rd-party insurance required for fuel stands

The Energy Business Department has urged all petrol stations and depots to take out insurance to cover third parties in the event of an accident.

Published on July 7, 2007

Director-general Metta Banturngsuk said his department had issued a regulation, effective next Monday, requiring all petrol stations to carry third-party insurance coverage.

Although there have been no accidents involving fuel stations so far, the department feels the new regulation will protect consumers and ensure their safety.

The new regulation will be imposed on 203 oil depots, 8,000 petrol stations and 4,000 fuel warehouses nationwide.

Many oil storage tanks are located close to communities, such as in the Klong Toei and Bangchak areas.

Under the new regulation, stations must pay the actual medical costs for any affected parties up to Bt100,000 each. If the victims die or become handicapped as the result of an accident, they or their survivors will receive compensation of Bt100,000 per victim.

Violators will be liable to punishment.


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