Wednesday 24 November 2021
Today (24 Nov 64) Mr. Supattanapong Phanmechaow, Deputy Prime Minister and Minister of Energy Revealed later as chairman of the Energy Policy Management Committee (MPG) that the situation in the world oil price has a tendency to rise. Has affected the retail price of fuel in the country that has increased the price. This was due to an increase in global energy demand after the economy began to recover from the Covid-19 situation, as well as the weakening of the baht.
Currently, the Ministry of Energy spends about 4,000 million baht from the Fuel Fund per month. to stabilize domestic retail fuel prices and also cooperate with all departments Operators in charge of fuel marketing costs Caring for oil palm farmers and to maintain the price of cooking gas in order not to affect the people, consumers and the recovery of the national economy Although the Ministry of Energy has taken action, however, the continued rise in world oil prices still leads to higher retail prices of diesel fuel in some countries that affect people’s livelihoods.
The meeting resolved to approve additional mitigation measures of the Ministry of Energy’s rising high speed diesel. The guidelines for action in December 2021 – March 2022 are to reduce the proportion of biodiesel blends in high speed diesel fuel from the original 3 proportions, namely 7% (B7), 10% (B10) and 100%. Each 20 (B20) shall have a single mixing ratio, i.e. 7% (B7).
In addition, oil traders are asked to maintain the market value of the high-speed diesel group not more than 1.40 baht per liter and the Department of Energy Business issues an announcement regarding the determination of characteristics and quality of diesel fuel B.E. 7 each and give to the Oil Fund Compensation for diesel fuel prices in accordance with the mitigation measures By keeping an eye on the retail price of diesel fuel to not exceed 30 baht per liter, during this time, the situation will be closely assessed and measures will be taken to mitigate the impact on people’s cost of living in the future.
sideMr. Wattanapong Kurovat, Director of the Energy Policy and Planning Office (EPPO) added that From the aforementioned measures, the retail price of diesel B7 will be at 28 baht per liter during the period of Dec. 21 – Mar. 65.
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