Thai Chamber of Commerce Warns of Potential Songkran Travel Disruptions Due to Fuel Shortages

Bangkok: The Thai Chamber of Commerce has raised alarms over potential disruptions to the upcoming Songkran holidays, as a significant number of provincial gas stations face closures due to tight fuel supply and soaring prices.

According to Thai News Agency, Mr. Poj Aramwattananon, President of the Thai Chamber of Commerce, expressed concerns during an interview on the Good Morning ASEAN program on MCOT News FM 100.5. He highlighted reports indicating that 40-50% of gas stations in provincial areas are currently closed. Those that remain operational are limiting fuel purchases to 500 baht per vehicle, which could deter travel plans during the five-day holiday if the fuel supply remains uncertain.

Mr. Aramwattananon emphasized the urgent need for the government to restore public confidence by ensuring sufficient fuel reserves are available to support travel during the holiday season. Additionally, the rising fuel and airfare prices are influencing people to be more cautious with their spending, potentially leading to reduced travel.

The ongoing conflict in the Middle East is also impacting global energy supplies and transportation, necessitating detours in shipping routes. This situation has led to increased freight costs and container shortages, which in turn affect key raw materials like plastic pellets and fertilizers, driving up costs and impacting exports.

Despite these challenges, Thailand retains support from Asian tourists, particularly those from China, and boasts strengths in food security. However, the rising living costs have resulted in consumers curbing their spending, especially in the tourism sector.

Restoring confidence in the nation's fuel supply is deemed a top priority. While freezing diesel prices at 30 baht per liter might offer short-term relief, the government may need to gradually adjust prices to reflect actual costs if the situation persists. This would be alongside implementing more stringent energy conservation measures.