The Energy Ministry an-nounced that the mounting debt of the state Oil Fuel Fund exceeded 100 billion baht as of yesterday. While a recent nudge from Kla Party leader Korn Chatikavanij, a former finance minister, shed more light on pressing issues surrounding energy and resulting in the government requesting cooperation from oil refineries to channel their profits into the fund, no subsidies for the prices of fuel requested from six Thai refiners have been finalised yet.
By Chayut Setboonsarng BANGKOK (Reuters) - A global energy crunch is sending liquefied natural gas prices skywards, but Thailand needs to ramp up its .
The Southeast Asian country has little choice but join the scramble for alternative gas supplies at a time European demand is rising. Buyers there are. | March 15, 2022
A global energy crunch is sending liquefied natural gas (LNG) prices skywards, but Thailand needs to ramp up its purchases to offset a steep production fall at its largest gas field and as sanctions threaten supplies from Myanmar.