Minister Eknat Addresses Fuel Pricing Concerns
Industry Minister Eknat Prompan has disputed claims made by Korn Chatikavanij regarding fuel pricing, pledging to restructure costs to save billions annually.
According to a report by Matichon Online on October 28, 2026, Industry Minister Eknat Prompan has publicly responded to criticisms from former Finance Minister Korn Chatikavanij regarding Thailand's fuel pricing structure. Eknat characterized Korn’s recent statements as containing inaccurate data and reaffirmed the government's commitment to reforming the energy sector.
Eknat stated that his ministry is actively working to address the structural issues within fuel pricing. A primary objective of this initiative is to identify and eliminate 'hidden costs' embedded within the current pricing model. The Minister expressed confidence that these reforms could lead to savings of approximately 10 billion baht per year, potentially easing the financial burden on the public and businesses alike.
For residents and travelers in Thailand, this development is significant as it signals potential shifts in energy policy that could influence fuel costs and, by extension, the broader cost of living and transportation expenses. While the government has expressed a clear intent to pursue these structural changes, the specific mechanisms for identifying these hidden costs and the timeline for implementation remain to be confirmed. Observers are waiting for further details on how these adjustments will be executed and whether they will result in immediate price relief at the pump.
