Overview
- Deputy Prime Minister Phiphat Ratchakitprakarn said negotiations are underway to purchase Russian crude, and Thailand’s foreign minister said Moscow is ready to sell.
- Washington issued a 30‑day waiver that allows buyers to take Russian oil from tankers at sea, creating short‑term room for deals.
- Energy Minister Auttapol Rerkpiboon reported nearly 2 million barrels secured from Angola and more than 600,000 barrels from the United States, with reserves covering at least 101 days.
- Thailand is seeking LNG from Africa, the Asia‑Pacific, and the United States, while Russia’s Alexander Novak signaled plans to redirect some LNG to countries including Thailand.
- Authorities kept a fuel export ban in place for all but Laos and Cambodia, encouraged work‑from‑home measures, weighed coal and hydro generation to cut costs, and saw SCG halt an olefins plant due to feedstock shortages.