Oil Fuel Fund Sets New Diesel Subsidy Effective August 21

Matichon•Economy•6d ago

Reader Briefing

The Oil Fuel Fund Administration Committee issued Announcement No. 134 2026 to adjust fuel fund contribution and subsidy rates effective August 21, 2026.

•The Oil Fuel Fund Administration Committee issued Announcement No. 134 2026 on August 20.
•New rates for fuel fund contributions and subsidies take effect from August 21, 2026.
•Standard diesel fuel will receive a subsidy of 5.96 baht per liter.
•The measure aims to mitigate the cost of living and prevent fuel shortages.

Overview

•The Oil Fuel Fund Administration Committee issued Announcement No. 134 2026 on August 20.
•The Oil Fuel Fund Administration Committee set new rates for fund contributions and subsidies effective August 21, 2026.
•The National Energy Policy Council established the policy framework to maintain retail fuel prices at an appropriate level after prices rose more than 30 baht per liter.
•Standard diesel fuel receives a subsidy of 5.96 baht per liter, while B20 diesel receives a maximum subsidy of 10.39 baht per liter.
•Gasoline is required to contribute 6.73 baht per liter to the fund.
•Gasohol E20 receives a subsidy of 4.25 baht per liter and Gasohol E85 receives 3.03 baht per liter.
•Announcement No. 134 2026 cancels the previous Announcement No. 133 2026 dated August 19, 2026.
•The measures are short-term actions based on actual costs and global market trends to avoid cross-subsidies.

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Key Entities

Organization

Oil Fuel Fund Administration Committee(คณะกรรมการบริหารกองทุนน้ำมันเชื้อเพลิง)

The body that issued Announcement No. 134 2026 regarding fuel fund rates.

National Energy Policy Council(คณะกรรมการนโยบายพลังงานแห่งชาติ)

The body that defined the policy framework for the administration of the oil fuel fund.

Department of Energy Business(กรมธุรกิจพลังงาน)

The agency that defines the criteria for the proportion of methyl ester of fatty acids in biodiesel.

Law

Announcement No. 134 2026(ประกาศฉบับที่ 134 พ.ศ. 2569)

The regulation determining fuel fund contribution and subsidy rates effective August 21, 2026.

Announcement No. 133 2026(ประกาศฉบับที่ 133 พ.ศ. 2569)

The previous announcement dated August 19, 2026, which was canceled by Announcement No. 134.