Prime Minister Anutin Charnvirakul said Thailand is in discussions with major oil-producing countries worldwide to secure energy supplies, stressing that the nation is not dependent on any single source and will not face an energy shortage.
Mr Anutin said the country has sufficient oil reserves despite the ongoing conflict in the Middle East. Speaking after chairing a meeting of the Joint Management and Monitoring Center for the Situation in the Middle East on Sunday, he noted that Thailand is negotiating with multiple suppliers, not only Russia.
“Thailand is in talks with every oil-producing country, not only Russia,” he said, adding that the government remains confident the country will maintain adequate energy supplies, despite isolated reports of some petrol stations temporarily running out of fuel.
The prime minister said authorities would continue managing fuel supplies and stabilising prices through mechanisms such as the Oil Fuel Fund.
He also reassured the public that electricity supplies remain stable, noting that Thailand generates most of its power from domestically produced natural gas.
The meeting was attended by key players in the energy sector, including executives from PTT Plc and major oil traders and distributors responsible for supplying fuel nationwide.
Mr Anutin said oil companies such as Thai Oil, Bangchak Corporation, Shell and Star Petroleum Refining have confirmed there are currently no signs of shortages and that supplies remain adequate.
Nevertheless, he urged the public to use energy responsibly amid the ongoing Middle East conflict.
“Even though there is no shortage, people should still conserve fuel and energy,” he said, adding that greater conservation would help extend the country’s reserves.
Finance Minister Ekniti Nitithanprapas, who also serves as deputy prime minister, said Thailand has oil reserves sufficient for at least 96 days.
Sarawut Kaewtathip, director-general of the Department of Energy Business, said recent inspections of oil depots nationwide found around 1.4 billion litres of commercial reserves and another 3.4 billion litres mandated by law, together accounting for about 39 days of supply.
He added that shipments currently en route to Thailand represent an additional 27 days of supply, while confirmed future deliveries account for roughly 30 more days, bringing the country’s total energy reserves to about 96 days.