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Thai energy transformation becomes laborious slog

Bangkok Post LogoBangkok Post13h ago

Thai energy transformation becomes laborious slog - Bangkok Post

Quick Summary:

Energy Minister Pirapan Salirathavibhaga was in the spotlight this year as he pushed ahead with the uphill task of dissolving the Oil Fuel Fund Office (Offo) and developed a costly strategic petroleum reserve to better control oil and liquefied petroleum gas (LPG) prices for Thailand over the long term.

However, it difficult for the government and oil companies to purchase a huge amount of oil and invest in oil storage facilities because of budget constraints, according to an oil refinery company representative.

Under the bill, the commission will determine appropriate tax rates in place of the Finance Ministry, whose role will be limited to tax collection.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 06:32:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 339 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 24665896

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About Bangkok Post

Bangkok Post Logo

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 22 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 4 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

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The story "Thai energy transformation becomes laborious slog" was covered 13 hours ago by Bangkok Post, a news publisher based in Thailand.

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Bangkok Post is a fully independent (privately-owned) news outlet established in 1946 that covers mostly economy and business news.

The outlet is headquartered in Thailand and publishes an average of 22 news stories per day.

It's most recent story was published 4 hours ago.

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  • News ID: #24665896
  • URL: https://beamstart.com/news/thai-energy-transformation-becomes-laborious-17351

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