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Energy Ministry to allow more companies to import finished oil products

Energy Ministry to allow more companies to import finished oil products

23 Sept 05:30 Key points summarised by AI
  • The Thai Energy Ministry will liberalize oil imports, allowing private companies to bring in finished oil products.
  • This initiative aims to provide consumers with more options and alleviate high energy prices by avoiding refining costs.
  • The ministry will regulate the business to ensure fair competition and efficient procurement, supporting the government's goal to lower the cost of living.
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