Bangchak Petroleum Public Co. Ltd. provided earnings guidance for the year 2012. For the period, the company targets earnings before interest, tax, depreciation and amortisation (EBITDA) of THB 7 billion.

The company has set a capital expenditure budget of THB 15 billion for 2013, of which THB 3 billion will go towards extending its retail network nationwide from 1,070 filling stations now, THB 6 billion to upgrading its refinery and the rest to building a solar power plant.

The company is projecting 2016 EBITDA at THB 13 billion.