(Bangkok, 22nd, Comprehensive Report) The National Security Council of Thailand has approved the export of aviation fuel to Vietnam and the Philippines, emphasizing that this move will not affect domestic fuel supply because what is being exported is aviation fuel, not other petroleum products.
The Secretary-General of the National Security Council, Chatchai, stated on Wednesday (May 20) that after reviewing and confirming that Thailand currently has an excess of oil reserves, the council approved the Ministry of Energy's request. The Ministry of Energy said that Vietnam and the Philippines have requested Thailand to supply Jet A-1 aviation fuel.
Chatchai pointed out that exporting aviation fuel will not only avoid impacting Thailand's domestic supply, but will also help reduce the current excess inventory, allowing fuel management to return to normal adjustment mechanisms.
However, authorities have also retained flexible measures. Chatchai said that if there were to be a fuel shortage or other emergency situation domestically in the future, the Ministry of Energy has the right to immediately suspend exports to ensure domestic needs are given priority.
Previously, affected by conflicts in the Middle East, Thailand had suspended all fuel exports since March 6, granting exemptions only to Myanmar and Laos.
Thailand's resumption of aviation fuel exports means the pressure of aviation fuel shortages in Vietnam will be relieved, which will help restore Vietnam's flight capacity and stabilize ticket prices. Over two-thirds of Vietnam's aviation fuel demand relies on imports, of which 60% comes from China and Thailand.
Apart from energy issues, the National Security Council also discussed and approved several important measures related to national security and international relations, including extending the deadline for stateless and long-term immigrant status applications by one year to June 30 next year, as well as strengthening border cargo controls to prevent transnational criminal activities.
The meeting was chaired by Prime Minister and Minister of the Interior Anutin. According to the Ministry of the Interior, there are currently about 480,000 people involved in statelessness issues within Thailand, and authorities have completed more than 100,000 identity review applications in the past year.
Chatchai pointed out that exporting aviation fuel will not only avoid impacting Thailand's domestic supply, but will also help reduce the current excess inventory, allowing fuel management to return to normal adjustment mechanisms.
However, authorities have also retained flexible measures. Chatchai said that if there were to be a fuel shortage or other emergency situation domestically in the future, the Ministry of Energy has the right to immediately suspend exports to ensure domestic needs are given priority.
Previously, affected by conflicts in the Middle East, Thailand had suspended all fuel exports since March 6, granting exemptions only to Myanmar and Laos.
Thailand's resumption of aviation fuel exports means the pressure of aviation fuel shortages in Vietnam will be relieved, which will help restore Vietnam's flight capacity and stabilize ticket prices. Over two-thirds of Vietnam's aviation fuel demand relies on imports, of which 60% comes from China and Thailand.
Apart from energy issues, the National Security Council also discussed and approved several important measures related to national security and international relations, including extending the deadline for stateless and long-term immigrant status applications by one year to June 30 next year, as well as strengthening border cargo controls to prevent transnational criminal activities.
The meeting was chaired by Prime Minister and Minister of the Interior Anutin. According to the Ministry of the Interior, there are currently about 480,000 people involved in statelessness issues within Thailand, and authorities have completed more than 100,000 identity review applications in the past year.