Energy Minister Says No Impact from Saudi’s Oil Cut, Plans to Satisfy Demand in Reserve
Energy Minister Says No Impact from Saudi's Oil Cut, Plans to Satisfy Demand in Reserve.
Energy Minister Says No Impact from Saudi's Oil Cut, Plans to Satisfy Demand in Reserve.
18 ก.ย. 2562

Regarding the attack on Aramco’s oil plants last Saturday which cut roughly 5% of global oil output, Energy Minister Sontirat Sontijirawong said in a statement that it is expected that the incident will not disrupt its oil imports.
Moreover, the Energy Ministry also stated at the state-controlled PTT Public Company Limited (PTT) will not be impacted while the ministry has a contingency plan in place to satisfy oil demand. However, the Energy Policy Administration Committee will meet today to evaluate the situation.
Oil accounts for more than 10% of the basket of goods used for Thailand’s consumer-price index, making it key for the country’s inflation outlook.