Director of the Bureau of Energy Policy and Planning reveals that the Ministry of Energy and related agencies monitor the movement of global crude oil prices. continued to rise and fluctuate He said that even if the fund runs out of lap, he must fight. You just have to fight and die
Date 4 Mar 2022 Mr. Wattanapong Kurovat, Director of the Energy Policy and Planning Office (EPPO) Revealed that the Ministry of Energy and related agencies have closely monitored the movement of global crude oil prices that have increased and fluctuated continuously. which confirms that the Ministry of Energy has used the fuel fund mechanism to subsidize to support retail prices in the country especially the price of diesel fuel that continues to implement measures to fix the price not to exceed 30 baht / liter
“At present, the global crude oil price is estimated to fluctuate at a high level of more than 100 USD/barrel for a while. Because from monitoring the world crude oil price situation, it can be seen that in some periods there have been alternating decreases. But it certainly wouldn’t drop below 100 USD/barrel during this period. This is the level that all parties are watching over what to do next. or will take measures to freeze the retail prices in the country Especially diesel how much more? If the price of crude oil goes up to 120 USD/barrel How many more days will the fund have money to support? If not really All parties must come to discuss again.”
As for the measure to subsidize the price of cooking gas (LPG) for the household sector at 318 baht per 15 kg tank that will end on March 31, 2022, nothing has changed. which will have subsidies to freeze the price as before or subsidize part and gradually increase part or not It is unclear at this time. depending on government policy
However, the Fuel Fund Act, B.E. 2562 (2019), stipulates discipline in the use of the capital fund at a maximum ceiling of not more than 40 billion baht, able to borrow no more than 20,000 million baht, which as of February 27, 2022, the position The fund was negative 21,838 million baht, divided into oil accounts positive 4,988 million baht and LPG account negative 26,826 million baht, while still having bank deposits and money at the Comptroller General’s Department. Ministry of Finance about 19,852 million baht.
Mr. Wattanapong reiterated that Now, all parties closely monitor the oil price situation every day. and try to do everything to the best of my ability Especially the Fuel Fund is doing every possible way to bring money to help subsidize the retail price of oil in the country. to alleviate the burden of people’s suffering “Even if the fund runs out of stock, you have to fight. You just have to fight and die Do it for Thai people to the best of your ability.”
for tomorrow PTT Station and Bangchak announced to increase the retail price of gasoline and gasohol of all kinds by 60 satang/liter, effective March 5, 2022 at 5.00 am onwards, with the retail price of gasoline at 45.16. Gasohol 95 at 37.75 baht/liter, E20 at 36.64 baht/liter, Gasohol 91 at 37.48 baht/liter.
As for all types of diesel, the E85 is 29.94 baht/liter, B7 diesel is 29.94 baht/liter, B10 diesel is 29.94 baht/liter, B20 diesel is 29.94 baht/liter, and premium diesel B7 is 35.96 baht/liter. The above retail prices do not include Bangkok maintenance tax.