CNA Group, the master system integrator, has signed a Memorandum of Agreement with Buathip Lao Co. to jointly deliver a national Integrated Fuel Management System (IFMS) in Laos.
The IFMS will measure and manage fuel imports into the country. This IFMS allows a central control centre to collect and collate fuel data through a networked infrastructure of data gathering points, enabling better management, cost analysis and accounting for fuel inventory movement.
Buathip has received a 10+10 year contract from the Government of Laos to deliver an IFMS whereby the Laos Government will pay a service charge on a per litre basis to Buathip. Under the MOA, Buathip will give CNA a minimum guarantee of 1 billion litres per year, which will translate into US$2.73 million ($3.4 billion) per year. Currently Laos has an annual import fuel volume of approximately 1.2 to 1.5 billion litres.
CNA will be the technology partner, and with Buathip’s assistance, CNA will conduct the site survey, perform the design, installation of equipment, conduct the testing & commissioning, conduct training, and perform operations & maintenance.
This project with Buathip will be the third project for CNA in Laos. The Group was previously awarded projects in Laos to implement Common Use Terminal Equipment (CUTE) solutions in Wattay International Airport and Luang Prabang International Airport.
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