Minister of Energy Ekanat Promises Swift Fuel Price Reduction Amid Protests

Bangkok:The Minister of Energy, Mr. Ekanat Promphan, has responded to the protests led by village headman Mano Kreukaew, affirming his commitment to reducing fuel prices using all available mechanisms. He addressed the concerns of the People's Revolutionary Front for the Protection of the Nation (PRNF), who have demanded a 10 baht reduction in fuel prices across all types.

According to Thai News Agency, Mr. Ekanat highlighted the recent success in reducing fuel prices by 15 baht over the past three months and mentioned efforts to further cut refining margins. He noted that discussions with protesters have been ongoing, with the Ministry of Energy remaining open to dialogue. Recently, the prices of E20 and B20 fuels, along with the base price of gasoline and diesel, were reduced by 2 baht.

Mr. Ekanat emphasized the government's readiness to continue using various methods to alleviate the impact of high fuel prices swiftly. He pointed out that, since his appointment in April 2026, significant progress has been made in price reduction, such as a decrease from 50 baht to 43.50 baht for diesel. He assured that future reductions would not rely on the Oil Fund or excise tax but rather on eliminating inflated costs linked to Singapore prices, as global crude oil prices are currently declining.

In response to inquiries about the gradual or immediate nature of the price reduction, Mr. Ekanat reiterated the aim to implement changes quickly without using temporary measures. He also addressed concerns about the protests potentially involving political dimensions, stating his focus on resolving fuel price issues. Discussions have been held with Prime Minister Anutin Charnvirakul to coordinate efforts, ensuring that the protesters' demands are met effectively.