RP, Thailand renew pledge

The Philippines and Thailand pledged once more to develop common biofuel standards to ensure tradability. The agreement was made between Thai Energy Minister Piyasvasti Amranand and Philippine Energy Secretary Raphael Lotilla at the Asian oil producers and consumers gathering in Riyadh in early May. The Philippines will pursue the development of common standards for biofuels with Thailand, as well as Indonesia, according to Lotilla. The Philippines and Thailand first decided to work together on a standard in 2004. (May 15, 2007)