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Govt advised to call off fuel levies to Oil Fund
BANGKOK, 11 August 2009 (NNT) – The government has been advised to revoke the fuel levies, especially for diesel, collected to the State Oil Fund for one year. Secretary-General of…
Oil stock nationwide to be checked
BANGKOK, 10 August 2009 (NNT) – The Department of Energy Business (DOEB) will spend six million baht to examine oil stocks at 18,000 petrol stations nationwide. DOEB Director-General, Mr. Peerapon…
Government reviews oil prices; Diesel must not exceed Bt30/litre
BANGKOK, Aug 9 (TNA) — As oil prices have risen to about US$71 a barrel in Asia, Prime Minister Abhisit Vejjajiva said Sunday that concerned Thai government officials will review…
Govt to cut levy to Oil Fund next week
BANGKOK, 9 August 2009 (NNT) – Speaking on his weekly talk show,” Confidence in Thailand with Prime Minister Abhisit, the Prime Minister states that the government will reduce the levy…
Energy expert says cuts to Oil Fund too soon
BANGKOK, 8 August 2009 (NNT) – An energy expert has pointed out that the Government’s plan to reduce contributions to the Oil Fund is too soon. They said the contribution…
Power prices will not increase despite high oil prices
BANGKOK, 7 August 2009 (NNT) – The Electricity Generating Authority of Thailand (EGAT) has admitted that rising global oil prices have increased the production costs of energy in Thailand, but…
Diesel may hit 30 baht per liter
BANGKOK, 4 August 2009 (NNT) – Prime Minister Abhisit Vejjajiva has appointed Pol Gen Wichian Pojphosri as Acting National Police Chief while dismissing speculation that he would replace Pol Gen…
Thai-Myanmar gas project to start commercial production in 2013
BANGKOK, Aug 3 (TNA) – Thailand and Myanmar will start commercial gas production from offshore Block M9 natural gas project on the Gulf of Martaban, south of Yangon in late…
Govt to reduce oil excise taxes if global price hits US$ 70-80/barrel
BANGKOK, 31 July 2009 (NNT) – Oil excise taxes may be reduced if the global oil price increases to 70 to 80 USD per barrel, according to Finance Minister Korn…
oil increase 50 satang/liter
BANGKOK, 27 July 2009 (NNT) – Domestic oil retailers will increase oil prices by another 50 Satang per liter in the next few days after the marketing margin was reduced…
