PATTAYA, Thailand – The Oil Fund Management Board (OFMB) has announced a two-phase fuel price reduction to ease travel expenses ahead of the Songkran Festival, benefiting both holidaymakers heading to Pattaya and those traveling home for family reunions.
The price of gasoline and diesel will drop by 50 satang per liter on March 28, followed by another 50 satang per liter on April 4, offering relief to motorists during the peak travel period. Deputy Prime Minister and Energy Minister Pirapan Salirathavibhaga stated that this initiative aims to lower costs for the millions traveling across Thailand for celebrations.
The subsidy, financed by the Oil Fund, will provide approximately 100 million baht per day, with 67 million baht allocated to diesel and 32 million baht to gasoline. With Pattaya being a top Songkran destination, and many Thais traveling home to the provinces, this reduction will help ease fuel expenses for long-distance travelers.
Additionally, the Energy Ministry will review LPG pricing by the end of March, as the current price freeze at 423 baht per 15-kg cylinder is set to expire on March 31.
With global crude oil prices stable at around $80 per barrel, the Oil Fund’s deficit has decreased from 75.95 billion baht at the beginning of 2025 to 60.05 billion baht as of March 23. The government remains committed to maintaining energy price stability while supporting economic activity and tourism during Thailand’s biggest holiday season.
