Thai Energy Minister Commits to Overhaul Raffineriemarge Mechanism

The Thai Energy Minister Akanat Promphan has pledged to revamp the mechanism of the Raffineriemarge to ensure fair prices for consumers. The Minister stated that he had discussed potential solutions for the energy crisis with the Prime Minister and confirmed the change towards his full term in office. A key focus is addressing refinery margins, which have increased from an average of 2-3 Baht to as much as 7-13 Baht per liter, said he, emphasizing the excess and the crisis. Akanat proposed setting a cap for the margin and overhauling the system to ensure fairness, arguing that refineries should earn profits but these gains should remain at reasonable levels. He said refineries should be supported when the margin is within normal levels, emphasizing the need to find a balance between business security and environmental protection.

Thai Premier Minister Anticipates Presenting New Government Policy

The Thai Prime Minister Anutin Charnvirakul expects to present his new government policy before the Parliament on 9th-10th April, following the inauguration of his cabinet on 6th April. The three-day period will allow MPs to review the draft policy in advance.

Anutin said the main points of the policy statement are almost complete and contain proposals from all coalition parties, including the Pheu Thai Party and the Bhumjaithai Party. He added that the government expects constructive feedback from MPs during the parliamentary debates.

The cabinet will be sworn in at Amphon Sathan Throne Hall in the Dusit Palace on 6th April. Following this, Anutin is expected to chair a special cabinet meeting to finalize preparations for the policy statement and discuss measures regarding regional developments in the Middle East.

New Priorities in the Policy Statement will Focus on Energy, Environmental Protection, Anti-Corruption, and Anti-Drug Measures

These priorities reflect Thailand's preparations for the future.