|Minister of Energy|
9 October 2006 –6 February 2008
|Prime Minister||Surayud Chulanont|
|Preceded by||Wiset Chuphiban|
|Succeeded by||Phunphirom Liptaphanlop|
|Born||July 11, 1953|
|Spouse(s)||Anik Amranand (née Wichiancharoen)|
Piyasvasti Amranand (Thai : ปิยสวัสดิ์ อัมระนันทน์; RTGS: Piyasavasti Ammaranan, born 11 July 1953) was Thailand's Energy Minister between 9 October 2006 and 6 February 2008. He is former Secretary-General of the Thai National Energy Policy Office, Chairman of Kasikorn Asset Management, and Chairman of Panel of Advisors for the CEO of Kasikornbank. He was President of Thai Airways International between October 2009 and June 2012. He is Chairman of PTT Public Company Limited, board member of Kasikorn Bank, and board member of Pruksa Holding public company limited. Piyasvasti also plays active roles in three non-profit organizations as founding and core member of the Energy Reform for Sustainability Group (ERS); Chairman of the Energy for Environment Foundation, a non-profit organization undertaking renewable energy and energy efficiency projects; and as president of the Ski and Snowboard Association of Thailand.
Thai, Central Thai, is the sole official and national language of Thailand and the first language of the Central Thai people and vast majority of Thai Chinese. It is a member of the Tai group of the Kra–Dai language family. Over half of Thai vocabulary is derived from or borrowed from Pali, Sanskrit, Mon and Old Khmer. It is a tonal and analytic language, similar to Chinese and Vietnamese.
The Royal Thai General System of Transcription (RTGS) is the official system for rendering Thai words in the Latin alphabet. It was published by the Royal Institute of Thailand.
Thailand, officially the Kingdom of Thailand and formerly known as Siam, is a country at the centre of the Southeast Asian Indochinese peninsula composed of 76 provinces. At 513,120 km2 (198,120 sq mi) and over 68 million people, Thailand is the world's 50th largest country by total area and the 21st-most-populous country. The capital and largest city is Bangkok, a special administrative area. Thailand is bordered to the north by Myanmar and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and the southern extremity of Myanmar. Its maritime boundaries include Vietnam in the Gulf of Thailand to the southeast, and Indonesia and India on the Andaman Sea to the southwest. Although nominally a constitutional monarchy and parliamentary democracy, the most recent coup in 2014 established a de facto military dictatorship.
During the 1990s, Piyasvasti played a key role in deregulating and privatizing a number of energy-related state enterprises like PTT and power generation business. During his term as energy minister he implemented wide-ranging reforms in the energy sector, for instance, the end of oil price subsidies and repayment of the oil fund's massive debt due to the previous government's subsidy program; implementation of very aggressive policy to promote renewable energy (including biofuels), cogeneration and distributed generation; adoption of Euro 4 fuel qualities and introduction of vapour recovery systems for petrol stations; adoption of a number of standards and incentive programs for energy efficiency; awards of a large number of petroleum concessions, issuing of IPP solicitation; conclusion of a number of power purchase agreements for projects in Lao PDR; establishment of nuclear power program with a target for 4,000 MW of nuclear capacity in 2020-21; and amendment of a number of energy related laws.
PTT Public Company Limited or simply PTT is a Thai state-owned SET-listed oil and gas company. Formerly known as the Petroleum Authority of Thailand, it owns extensive submarine gas pipelines in the Gulf of Thailand, a network of LPG terminals throughout the kingdom, and is involved in electricity generation, petrochemical products, oil and gas exploration and production, and gasoline retailing businesses.
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The most important law passed during his term as energy minister was the Energy Industry Act to establish an independent regulatory body for electricity and natural gas. The law was also the most important factor which saved PTT Public Co, Ltd from being nationalized in a court case brought against the government and PTT by the Consumers Association.
He joined Thai Airways in October 2009 when the carrier was in financial trouble. He continued to implement the turnaround plan and introduced a long term strategic plan where the financial position of the company was substantially strengthened, embarked on the largest aircraft acquisition and retrofit program ever implemented at Thai Airways, and formed Thai Smile as an initial step to compete with low cost airlines.
Thai Airways International Public Company Limited, trading as THAI is the flag carrier airline of Thailand. Formed in 1988, the airline has its corporate headquarters in Vibhavadi Rangsit Road, Chatuchak District, Bangkok, and primarily operates from Suvarnabhumi Airport. THAI is a founding member of the Star Alliance. The airline is the second-largest shareholder of the low-cost carrier Nok Air with a 21.80 per cent stake, and it launched a regional carrier under the name Thai Smile in the middle of 2012 using new Airbus A320 aircraft.
Thai Smile Airways is a Thai regional airline. It began operations in 2012 and is a wholly owned subsidiary of Thai Airways.
Piyasvasti was born in 1953, and graduated from Brasenose College, Oxford in 1975 with BA (first class honours) in mathematics. He later obtained MSc in econometrics and mathematical economics and a PhD in economics from the London School of Economics.
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