National oil and gas conglomerate PTT Plc has decided to allocate 3 billion baht to the fast-dwindling Oil Fuel Fund, following its months-long support of the diesel and liquefied petroleum gas (LPG) price subsidy programmes.
The PTT board resolved to grant the money yesterday as a debate on the government's controversial plan to collect a windfall tax from oil refineries to inject more money to the fund remains unsettled.
The tax will be imposed on part of the oil refinery margin.
