Thailand’s Energy Supply Remains Stable Despite Middle East Conflict
Thailand’s energy sector remains stable and well-supplied despite ongoing tensions in the Middle East, officials confirmed on March 23, 2069. The Department of Energy Business (DOEB) is proactively sharing data through a public dashboard, a move intended to foster transparency and public confidence.
Srawut Kaewtathip, Director-General of the DOEB, stated that the country’s crude oil sources are diversified. According to the latest data, 53 percent of imported crude oil comes from the Middle East, 11 percent from the Far East, 9 percent is domestically produced, and the remaining 27 percent is sourced from other regions.
The nation’s refineries have the capacity to produce an average of 65.12 million liters of base diesel (B0) per day, with total reserves nationwide currently standing at 868 million liters – a level considered sufficient to meet demand.
This base diesel is utilized across three primary sectors: export to neighboring countries like Laos, supply to industries such as power generation and construction, and blending with biodiesel (B100) to create quick-diesel (B7).
Currently, a total of 90.7 million liters of fast-diesel (B7) can be produced daily, with 43 million liters readily available for distribution through service stations, industrial users, and government agencies.
Domestic diesel sales on March 23, 2069, reached 86.24 million liters, with 78.9 million liters sold through Section 7 oil traders and 7.28 million liters sold through Section 10 (Jobber) traders.
Beyond supply management, Thai authorities are intensifying efforts to combat illegal activity. The DOEB, in collaboration with the Department of Special Investigation (DSI), conducted inspections in the Suan Dok Mai area of Sao Hai District, Saraburi Province, following received intelligence.
The investigation uncovered three illegal oil storage sites, resulting in the seizure of a total of 31,299 liters of fuel, including diesel, Gasohol 95, Gasohol 91, and E20. Officials stated that legal action will be pursued against those involved in the illegal stockpiling and sale of fuel.
The government reiterated its commitment to closely monitoring energy security and rigorously enforcing regulations to protect consumers and ensure the long-term stability of the country’s energy system. This crackdown underscores the government’s dedication to maintaining a fair and regulated energy market.