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1
Heat the peanut oil to nearly smoking in a saucepan.
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2
Turn off the heat and add the peanuts.
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3
The peanuts should cook to a golden brown in 3-5 minutes.
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4
If you burn them, throw them out and start all over again or your sauce will be bitter.
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5
You may have to turn on the heat again, but stir the peanuts if you do.
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6
Using a slotted spoon, transfer the peanuts to the container of a food processor or blender, along with 1 tablespoon of the peanut oil (reserve the rest) and blend them to a rough paste.
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7
Add the chiles, ginger, garlic and continue to blend.
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8
Add the remaining ingredients except the cilantro, and blend until smooth.
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9
If it is too thick, add more oil.
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10
Stir in cilantro, and serve as a dipping sauce with satay or anything else, or thin with oil and serve as a salad dressing.