Bangchak Corporation Public Company Limited would like to inform that the Board of Directors of the Company approved Bangkok Fuel Pipeline and Logistics Company Limited (BFPL), a wholly-owned subsidiary of the Company to sign the Agreement for the Grant of Right to Manage the Fuel Pipeline Systems (Bangkok - Bang Pa-in) dated December 30, 2021 with Fuel Pipeline Transportation Limited (FPT) in the total amount of Bath 1,600 Million for 20 years starting from January 1, 2022 to December 21, 2041.