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GUBONG fixes gas price 2 months, B7 diesel ratio maintained to cut crude imports

GUBONG fixes gas price 2 months, B7 diesel ratio maintained to cut crude imports

MGR Online•Economy•2d ago

Reader Briefing

Thailand's Energy Policy Committee has decided to maintain the cooking gas price for an additional two months and keep the B7 biodiesel blend for diesel, aiming to ease the burden of living costs and reduce crude oil imports amid global price hikes.

  • •The Energy Policy Committee (GUBONG) will extend the fixed price for 15kg cooking gas cylinders at 423 Baht for another two months, from June 1, 2026, to July 31, 2026.
  • •The B7 diesel blend ratio will be maintained for three months, from June 14, 2026, to September 13, 2026.
  • •These measures are intended to alleviate the cost of living for citizens and reduce the reliance on imported crude oil.
  • •The decision comes in response to rising global LPG prices and geopolitical conflicts impacting the energy market.

Overview

  • •The current price of cooking gas will end on May 31, 2026.
  • •The Energy Policy Committee (GUBONG) announced its decision on May 28, 2026.
  • •GUBONG has decided to maintain the retail price of 15kg LPG cylinders at approximately 423 Baht for another 2 months.
  • •The extended subsidy for cooking gas will be effective from June 1, 2026, to July 31, 2026.
  • •GUBONG has decided to maintain the B7 biodiesel blend in diesel for 3 months.
  • •The B7 diesel blend policy will be effective from June 14, 2026, to September 13, 2026.
  • •The decision to fix gas prices is due to volatile global LPG prices caused by conflicts between the US, Israel, and Iran.
  • •Maintaining the B7 diesel blend is expected to reduce diesel imports by about 1.37 million liters per day, or approximately 41 million liters per month.

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Key Quotes

Akanat Proompan
"“Although global LPG prices remain high and cause the Oil Fund to bear continuous burdens, the government prioritizes public cost of living, especially households. Therefore, the retail price of 15kg LPG cylinders should be maintained at approximately 423 Baht for another 2 months to alleviate impacts during volatile global energy situations.”"
“แม้ราคาก๊าซ LPGในตลาดโลกยังอยู่ในระดับสูงและส่งผลให้กองทุนน้ำมันเชื้อเพลิงต้องรับภาระต่อเนื่องแต่รัฐบาลให้ความสำคัญกับการดูแลค่าครองชีพของประชาชนโดยเฉพาะภาคครัวเรือนจึงเห็นควรคงราคาขายปลีก LPGขนาดถัง 15กิโลกรัมไว้ที่ประมาณ 423บาทต่อถังออกไปอีก 2เดือนเพื่อช่วยบรรเทาผลกระทบในช่วงที่สถานการณ์พลังงานโลกยังมีความผันผวน”

Key Entities

Organization

GUBONG (Energy Policy Committee)(กบง.)
The Thai committee that makes decisions on energy policy.
Oil Fund(กองทุนน้ำมันเชื้อเพลิง)
The fund that covers the deficit in LPG pricing, which is currently negative.

Person

Akanat Proompan(นายเอกนัฏพร้อมพันธุ์)
Minister of Energy and Chairman of GUBONG who announced the policy decisions.