Thailand: Energy Policy and Planning Office proposes reduction in Oil Fund contribution.

(From Thai Press Reports)

Section: General News - The Energy Policy and Planning Office has proposed a cut in the contribution traders make to the Oil Fund as a short-term measure to deal with the renewed oil price hike, The Nation reports.

Secretary-general Metta Banterngsook said the office would soon present the government with a list of "proposed options" to handle short-term impacts.

"It depends on the government as to what options they would like to implement," he said, adding that the measures are being considered as it is expects retail petrol prices will remain above Bt30 per litre throughout the year.

This year, oil prices have …