Bangkok: "Sihasak" instructs the Ministry of Energy to proceed with price negotiations after Oman expressed willingness to sell surplus oil to Thailand. Oman has offered to sell its surplus oil production to Thailand. Deputy Prime Minister and Foreign Minister Sihasak Srisuk emphasized the need to expedite price negotiations to ensure a fair deal, while also confirming that the country's energy situation is stabilizing.
According to Thai News Agency, Deputy Prime Minister and Minister of Foreign Affairs, Sihasak Phuangketkaew, revealed after the Cabinet meeting at Government House the progress of discussions with Oman on cooperation in the energy sector and facilitating the passage of Thai cargo ships through the Strait of Hormuz.
The statement indicated that Oman is ready to offer to sell surplus oil from its production to Thailand if demand increases, provided that Thailand notifies them in advance. However, whether or not to accept the offer depends primarily on Thailand's actual needs, especially regarding the price, which will need to be negotiated to ensure the best possible value.
Regarding concerns about oil shortages during May and June, Mr. Sihasak stated that the Ministry of Foreign Affairs has been continuously coordinating with partner countries to secure energy sources to meet the nation's needs. He assigned the Ministry of Energy, in conjunction with PTT Public Company Limited, to negotiate the business details.
Most recently, Mr. Sihasak reiterated that, overall, the oil and energy situation in Thailand is currently not a cause for concern and is beginning to stabilize.