Ministry gives solutions to stabilize oil and gas prices

This is in order to ensure supply and compliance with the law in trading this commodity. Relevant authorities have to strictly handle violations or report them to competent authorities in accordance with regulations.

The ministry affirmed that it is necessary to proactively have a plan to secure and publicize the supply of petroleum for the domestic market.

Particularly, in the context of the current difficult situation of supply and volatile gasoline prices, if businesses and petrol retailers show signs of stopping or restricting their sales without a valid reason, they will be disqualified or suspended.

They might even be asked to revoke their Certificate of eligibility for petrol and oil trading according to regulations.