Oil prices may rise further but no shortage: PM
PRIME MINISTER Anutin Charnvirakul last night (March 27) warned the public oil prices could rise again after jumping by 6 baht a litre with this determined by market mechanisms while emphasising that Thailand is striving to ensure domestic fuel security and there will not be a shortage, Amarin TV said. Excessive subsidies would deplete […]
Read MoreIran ‘sends message to Thailand offering to sell crude oil at special price’
IN A dramatic turn in the current energy crisis, Dr. Lerpong Sayed, president of the Thai-Iranian Alumni Association, said Tehran had sent a message to Prime Minister Anutin Charnvirakul offering to help Thailand by selling crude oil at a special price below global market rate to help alleviate the hardship of the Thai people, […]
Read MoreFarmers sleep overnight at petrol pumps to ensure they get fuel
IN A PITIFUL scene at Phetchabun province desperate farmers slept overnight in their vehicles as they queued up for fuel at petrol pumps with their watermelons having ripened and now ready for sale, Naewna newspaper said today (March 24). Reporters saw a long queue in front of a PT filling station near Mueang Phetchabun […]
Read MoreFishing boats may stop operating at month’s end: Industry leaders warn
THE OIL crisis has so badly hit the fishing industry that leaders of this sector in Samut Sakhon province, better known as Mahachai, today (March 23) warned that fishing boats may cease operation nationwide at the end of this month leading to hundreds of thousands of job losses unless the government reins in soaring […]
Read MoreMiddle East war threatens energy crisis worse than 1970s oil shocks
TEHRAN – The world faces an energy crisis worse than both 1970s oil shocks combined if the Middle East war drags on, the head of the International Energy Agency (IEA) warned on Monday (March 23), as Israel launched fresh strikes on Tehran and threatened weeks more fighting. As the war grinds into its fourth […]
Read MoreLarge amount of fuel seized in raid on secret warehouse at border
UPON being alerted by residents of Mae Sot district, just opposite Myanmar’s Myawaddy township, that a large fuel truck had parked at a secret location on the bank of Moei river, authorities quickly went there to investigate and were surprised to find that aside from the truck carrying 20,000 litres of diesel more fuel […]
Read MoreDSI raids Phra Khanong oil depot to check distribution
A DEPARTMENT of Special Investigation police team inspected PTT’s oil storage depot at Phra Khanong today (March 21) to ensure its distribution to petrol pumps is in accordance with market mechanism following Prime Minister Anutin Charnvirakul’s order that all oil storage facilities nationwide be checked, Naewna newspaper said. Mr. Chatchai Khunlohit, deputy director-general of […]
Read MoreTrump urges world powers to secure Iran shipping lane
By AFP and published by CNA WASHINGTON – US President Donald Trump urged other nations to help secure a vital shipping lane choked off by the war with Iran that showed no signs of slowing on Saturday (Mar. 14) as strikes hit the US embassy in Baghdad and a major Emirati energy facility. Two […]
Read MoreFishermen bringing small boats to petrol pumps to fill up amid jerrycan ban
FISHERMEN in southern Satun province have resorted to transporting small boats on motorcycle sidecars to fill up at petrol pumps amid a ban on selling oil in jerrycans, TV Channel 7 and Workpoint News said today (Mar. 14). Many filling stations have limited cars to a maximum of 1,000 baht worth of oil and […]
Read MoreThailand has crude oil reserves for another 98 days
IN ALLAYING fears about oil shortage, Deputy Prime Minister-cum-Transport Minister Phipat Ratchakitprakarn confirmed that the country has sufficient crude oil reserves for 98 days while the price of diesel will stay fixed till Monday (Mar. 16), TV Channel 7 and PPTVHD36 said today (Mar. 13). As the 15-day freezing of diesel price is expiring […]
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