BANGKOK, June 24 (TNA) – Thailand’s Deputy Prime Minister and Energy Minister, Pirapan Salirathavibhaga, on Monday convened an urgent meeting to address potential energy disruptions.
This follows a U.S. strike on Iranian nuclear facilities and an Iranian parliamentary vote to close the Strait of Hormuz, a vital chokepoint for 20% of global oil.
Thailand imports about 60% of its crude oil from the Middle East via this strait. The ministry confirmed 60 days of current oil reserves, comprising 22 days of crude, 20 days of crude in transit, and 18 days of refined products.
Should the situation escalate, management measures will be implemented to maintain the stability of domestic oil reserves, ensuring national security and confidence.”
Concern extends to LNG imports, a key electricity fuel, largely transiting Hormuz. EGAT has been ordered to secure cheaper alternative LNG sources to mitigate electricity price impacts.
Thai Labor Ministry Repatriates Workers from Israel
Separately, Mr. Boonsong Thapchaiyuth, Permanent Secretary of the Ministry of Labour, met 22 Thai workers returning from Israel last night. Their return, delayed by the situation, was fully covered by their employer. Additionally, nine more Thai workers from Israel are expected to arrive on Friday, June 27, having requested to return due to the conflict. -819 (TNA)
