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BUSINESS

Huge loan needed to finance fuel subsidies

Business, Yuthana Praiwan, Published on 04/04/2026

» Thailand's Oil Fuel Fund is seeking a loan of up to 150 billion baht to stabilise its finances and continue subsidising domestic fuel prices as global diesel costs soar, according to Prasert Sinsukprasert, energy permanent secretary.

BUSINESS

Gas price hike to push up Thai power bills

Business, Yuthana Praiwan, Published on 25/03/2026

» The new government is bracing for a surge in electricity bills as liquefied natural gas (LNG) prices climb in the wake of conflict in the Middle East, according to an energy official who requested anonymity.

BUSINESS

State steps in as oil rockets to $100

Yuthana Praiwan, Published on 09/03/2026

» Thai energy authorities are preparing to secure loans from commercial banks to shore up the Oil Fuel Fund, which is rapidly running dry as global crude prices surge past US$100 per barrel amid the escalating US-Iran conflict.

BUSINESS

Thai firms chase LNG deals as worldwide prices decline

Business, Yuthana Praiwan, Published on 10/02/2026

» Thailand's leading energy companies are moving to lock in long-term liquefied natural gas (LNG) contracts as global prices are forecast to decline, in a bid to shield consumers from volatile electricity bills.

BUSINESS

PTT report sees oil prices decreasing

Business, Yuthana Praiwan, Published on 29/01/2025

» Global energy market prices are expected to decline as new US president Donald Trump recently announced plans to increase domestic production of oil and gas, according to the weekly global oil market report issued by national oil and gas conglomerate PTT Plc.

BUSINESS

Electricity prices fuel debate

Business, Yuthana Praiwan, Published on 20/01/2025

» Former premier Thaksin Shinawatra's proposal to reduce the power tariff to 3.70 from 4.15 baht per kilowatt-hour (unit) has sparked a debate on the future of electricity prices, which have remained high since 2022.

BUSINESS

Fuel fund vows to keep diesel prices low

Business, Yuthana Praiwan, Published on 01/11/2024

» The Oil Fuel Fund Office (Offo) will continue to keep domestic diesel prices at less than 33 baht per litre after the current subsidy scheme ended on Thursday, as its financial status has improved following a drop in global oil prices.

BUSINESS

Travel demand benefits BAFS

Business, Yuthana Praiwan, Published on 17/09/2024

» Thailand's aviation industry is poised for continued growth, driven by increasing travel and rising demand for jet fuel, according to Bangkok Aviation Fuel Services Plc (BAFS).

BUSINESS

Gas production hikes and regional buying to cut LNG imports

Business, Yuthana Praiwan, Published on 25/06/2024

» Thailand plans to increase domestic gas production and renew gas purchases from neighbouring countries to reduce its dependence on liquefied natural gas (LNG) as gas demand is expected to increase in Asia, say energy authorities and analysts.

BUSINESS

Nex Point looks to Asean's growing EV market

Business, Yuthana Praiwan, Published on 20/04/2024

» The global campaign against carbon dioxide emissions is not only benefiting electric vehicle sales in Thailand, but also fuelling EV growth in Southeast Asia.