Thailand Government Subsidizing Ethanol

Cindy Zimmerman

The US is not the only country helping the ethanol industry. In Thailand, the government Energy Minstry is subsidizing “the local ethanol price in order to maintain a price difference between gasohol and premium gasoline at 1.50 baht per liter.” According to this story in the TNA English News, Although the ethanol price increases, the ministry will use the contributions given to Oil Fund to subsidize the price. The ministry reiterates that it has no policy to encourage the import of ethanol to offset local supply shortage, according to the minister.