Cabinet approves cheaper fuel prices for 3 months

Bangkok Post · Post Reporters · 2026-10-27 21:29 UTC

The cabinet has approved a three-month reduction in excise taxes on E20 gasohol and B20 biodiesel to help farmers, transport operators, and consumers while boosting demand for agricultural products used in biofuel production, Prime Minister Anutin Charnvirakul said on Tuesday.

The cabinet has approved a three-month reduction in excise taxes on E20 gasohol and B20 biodiesel to help farmers, transport operators, and consumers while boosting demand for agricultural products used in biofuel production, Prime Minister Anutin Charnvirakul said on Tuesday.

Under the measure, the excise tax on E20 gasohol will be reduced by 5.60 baht per litre, while the tax on B20 biodiesel will be cut by 5.50 baht per litre. The government will review the situation after the initial three-month period before deciding whether further action is needed.

Mr Anutin said the Energy Ministry has already finalised the tax adjustments and would hold discussions later in the day to determine retail pricing at fuel stations.

Read the full story at Bangkok Post · All coverage of this story