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Friday, May 10, 2024

Gasohol users get a financial lifeline

Gasohol users get a financial lifeline

Offo cuts their fees and raises subsidies

Motorists refuel at a PTT petrol station on Nawamin Road amid the surge in global oil prices. (Photo: Varuth Hirunyatheb)

The Oil Fuel Fund Office (Offo) has agreed to help gasohol users for the first time by reducing their contributions to the fund amid soaring fuel prices, as well as limiting the diesel price increase by one baht, to 33.94 baht a litre from Tuesday, to better manage the fund’s liquidity.

The assistance for motorists in the gasohol segment marks the first financial relief for them during the energy price crisis, which is driven by the Russia-Ukraine war.

Gasohol and gasoline…

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