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Akanat raises hoarding fears as Korn faults govt over shortages

Akanat raises hoarding fears as Korn faults govt over shortages

13 Sept 04:32 Key points summarised by AI
  • Akanat Promphan, a potential energy minister, urged the government to act decisively against oil refineries suspected of hoarding fuel and inflating prices amidst widespread shortages.
  • He proposed that all six refineries publicly disclose their output and export details to ensure transparency, citing reports of reduced fuel deliveries to service stations despite full refinery operations.
  • Democrat deputy leader Korn Chatikavanij criticized the government's failed fuel management, blaming shortages on unchecked inventories, the lifting of fuel price caps, and allowing unjustified increases in refining costs.
  • Korn recommended cutting excise tax on oil products and imposing 'windfall fees' on traders excessively profiting from the crisis, while demanding energy ministers face parliament to explain the situation.
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