Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Business

Loans capped for Oil Fund to be lifted

Vehicles line up to fill their tanks at a petrol station with a fuel price display panel on Tuesday. (Photo: Nutthawat Wicheanbut)

The National Energy Policy Committee (NEPC) on Wednesday resolved to remove the 40-billion-baht cap on loans to support the Oil Fund in the wake of the Russian invasion of Ukraine.

Kulit Sombatsiri, permanent secretary for energy, said the decision will give the government more room to deal with soaring oil prices. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.