The National Energy Policy Committee (NEPC) has resolved to lift borrowing limits of the state Oil Fund to allow for management flexibility and approved guidelines to address surging fuel prices.
Chaired by Prime Minister Prayut Chan-o-cha, the NEPC met on Wednesday to review plans to tackle soaring energy prices and decided to remove the borrowing limits set at 40 billion baht, said energy permanent secretary Kulit Sombatsiri.
