The Thai authorities additionally introduced it’s going to additionally elevate Thailand’s crude oil reserve from 4 to five p.c and completed oil reserve from 1 to 2 p.c.
Minister Supattanapong Punmeechaow confirmed on March 11 that the diesel cap at 30 THB (0.9 USD) per litre would stay to assist the transport sector.
He added that earlier this week, the Cupboard had agreed to waive excise tax for B0 diesel (diesel with lower than 0.005 p.c of sulphur) and oil utilized by the Electrical energy Producing Authority of Thailand to generate energy till September 15.
He mentioned the tax waiver ought to assist scale back the price of electrical energy era, including that the ministry can also be wanting into shopping for cheaper electrical energy from completely different sources to stop folks’s utility payments from rising too excessive.
