Air travel recovery boosts usage
Ground crew refuel an aircraft with jet A1 fuel. Consumption of the aviation fuel increased in the first quarter this year.
Thailand's fuel consumption surged in the first quarter of this year, rising 5.3% year-on-year to an average of 167 million litres per day, according to the Department of Energy Business (DOEB).The growth was recorded before the energy crisis triggered by US and Israeli military strikes on Iran, which disrupted global energy markets.
Sarawut Keawtathip, director-general of the DOEB, said oil prices dipped in the first quarter, enabling the state Oil Fuel Fund to collect contributions from gasoline and diesel users without needing to subsidise fuel costs.
This provided fiscal breathing room while demand for most fuel types expanded steadily.
