Oil Fuel Fund Office studies changes that could make it easier to manage its debtsAn attendant refuels a car at a PTT petrol station in Khon Kaen. (Photo: Chakkrapan Natanri)The Oil Fuel Fund Office (Offo) is considering revising its price subsidy programmes to focus only on groups of people who badly need help, rather than making them universal. The national oil and gas conglomerate PTT Plc, the country’s sole gas seller, has already adopted the targeted approach. It subsidises compressed natural gas prices only for taxi and public bus operators. The current diesel subsidy is 40 satang per litre, and the LPG subsidy is 4.18 baht per kilogramme, or 63 baht for a standard 15kg cylinder.

Source: Bangkok Post August 03, 2024 00:04 UTC