Thailand's power prices are expected to increase as a result of tensions in the Middle East. Pattanapong HirunardThe new government is bracing for a surge in electricity bills as liquefied natural gas (LNG) prices climb in the wake of conflict in the Middle East, according to an energy official who requested anonymity. Despite partial reimbursements, Egat still faces losses of more than 36 billion baht, while PTT shoulders around 13 billion baht. Spot market LNG prices have since spiked to US$25 per million British thermal units, nearly double last year's average of US$12-13. Last year, former energy minister Pirapan Salirathavibhaga ordered an investigation into Egat's lignite procurement from the Mae Moh coal mine following allegations of non-transparency.

Source: Bangkok Post March 24, 2026 21:48 UTC