Thailand's Fuel Fund Committee Adjusts Diesel Subsidy Rates Effective October 24

Key summary

The National Fuel Fund Management Board (กบน.) issued Announcement No. 134 B.E. 2569 on October 23, 2026, setting new compensation and levy rates for domestic fuel effective October 24, 2026. The announcement replaces Announcement No. 133 dated October 22, 2026. Under the new rates, ordinary high-speed diesel receives a subsidy of 3.20 baht per liter, while B20 diesel receives 8.32 baht per liter. Gasohol 95 and 91 are subsidized at 0.56 baht per liter, E20 gasohol at 5.16 baht per liter, and E85 gasohol at 1.69 baht per liter. Conversely, gasoline must contribute 6.30 baht per liter to the fund. Premium ordinary high-speed diesel contributes 1.50 baht per liter, ordinary high-speed diesel with biodiesel content below the approved threshold contributes 1 baht per liter, slow-speed diesel contributes 1.20 baht per liter, kerosene contributes 0.10 baht per liter, and furnace oil contributes 0.06 baht per liter. The rates apply to domestically produced and imported fuel used within Thailand. These adjustments are part of the National Fuel Crisis Support Plan and the National Fuel Fund Strategy for B.E. 2569-2572, aimed at maintaining stable domestic fuel prices and managing price volatility and supply risks.