In the first 11 months of this year, oil consumption increased by only 0.9 percent.

Bangkok, The Department of Energy Business reveals the overall average fuel consumption for January – November 2023 at 152.24 million liters/day, an increase compared to the same period last year by 0.9 percent.

Ms. Nanthika Tangsuphanich, Director-General of the Department of Energy Business, said that average fuel use for January – November 2023 is divided into gasoline use increasing by 3.7 percent, commercial jet fuel (Jet A1) increasing by 100 percent. 56.1 each and the use of LPG increased by 0.6 percent, while fuel oil Diesel and NGV use decreased by 15.2 percent, 5.2 percent, and 1.5 percent, respectively.

The average gasoline group was 31.54 million liters/day, an increase of 3.7 percent from the same period last year. The use of gasohol 95 increased to 17.93 million liters/day and gasohol E20 increased. was at 5.89 million liters/day, while the use of gasohol 91, gasohol E85, and gasoline decreased to 6.78 million liters/day, 0.16 million liters/day, and 0.46 million liters/day, respectively. The
use of gasohol 91 and gasohol 95 increased from October 2023 by 31.8 percent and 3.2 percent, respectively, from the policy of reducing the price of all types of gasoline for a period of 3 months, effective from 7 November 2023. Until January 31, 2024 to help with people’s living expenses. Gasohol 91 decreased by 2.50 baht/liter, gasoline and gasohol 95 decreased by 1 baht/liter, gasohol E20 and gasohol E85 decreased by 80 satang/liter from Reduce excise tax on gasoline. and use of money from the fuel fund

The diesel group averaged 68.83 million liters/day, a decrease of 5.2 percent from the same period last year, with ordinary high-speed diesel fuel. High speed diesel fuel B20 and basic diesel fuel Consumption decreased to 0.80 million liters/day, 0.15 million liters/day, and 3.76 million liters/day, respectively, while high-speed diesel B7 consumption increased from the previous year by 0.9 percent, averaging at 64.12 million. liters/day, but considering the past month, the amount of diesel fuel consumptio
n has increased slightly. The government still maintains measures to support the price of diesel fuel. Using measures to reduce the excise tax rate on diesel fuel to 2.50 baht/liter according to the type of diesel fuel. And the Fuel Fund will compensate to hold the price of diesel fuel not exceeding 30 baht/liter, effective from September 20, 2023 to December 31, 2023, and on December 19, 2023, the Cabinet resolved to approve the extension of the period. Fixing the price of diesel fuel not to exceed 30 baht per liter from 1 January 2024 to 31 March 2024 to help with people’s living expenses.

Commercial jet fuel use (Jet A1) averaged 13.28 million liters/day, an increase of 56.1 percent from the same period last year due to the recovery in tourism. In addition, the government has announced the visa-free policy. For tourists from China and Kazakhstan, a total period of 5 months, and an additional period of 6 months from India and Taiwan, which is expected to help encourage more tourists to travel by air.

Aver
age LPG use was 17.79 million kg/day, an increase of 0.6 percent from the same period last year, with use in the transportation sector increasing by 3.8 percent to 2.26 million kg/day, and the petrochemical sector increasing by 0.8 percent at 7.80 million kg/day and household use increased 0.02 percent to an average of 5.72 million kg/day and industrial sector decreased 1.6 percent to 2.01 million kg/day.

The average use of NGV was 3.34 million kg./day, decreased by 1.5 percent from the same period last year. In this regard, the NGV price situation has increased by 1 baht/kg. from 18.59 baht/kg. to 19.59 baht/kg. . Effective from September 16, 2023.

Meanwhile, fuel imports in January – November 2023 averaged at 1,049,338 barrels/day, an increase of 5.7 percent from the same period last year, representing a total import value of 97,253 million baht/month. Crude oil imports were at 973,486 barrels/day, an increase of 5.7 percent, representing a value of crude oil imports of 91,579 million baht/month. for impo
rting refined oil (basic gasoline Base oil diesel, fuel oil, jet fuel and LPG) stood at 75,852 barrels/day, an increase of 5.3 percent, representing a value of refined oil imports of 5,674 million baht/month.

Exports of refined oil in January – November 2023 include exports of gasoline, diesel oil, fuel oil, jet fuel, kerosene and LPG. The export volume is 178,232 barrels/day, an increase of 12.5 percent, representing a total export value of 18,780 million baht/month.

Source: Thai News Agency