Tea Siam, chairman and founder of Peace Petroleum, explained that the differences in fuel composition between Thailand and Cambodia contribute to the seemingly lower petrol prices in Thailand. Thailand uses blended fuels like gasohol and biodiesel, while Cambodia mainly relies on conventional fuels, resulting in higher prices. Blended fuels lower costs by using ethanol or biodiesel, but may require modifications for older vehicles. Cambodia lacks the infrastructure for such fuel systems, leading to misconceptions about their fuel prices. This comparison highlights how alternative fuel blending can lower retail prices in some countries.
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