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Bangkok Post

Business

UNCOVERED: Controversial fuel windfall tax facing delay - Caught on Camera

Oil Oil Fuel Fund GRM United States

Thai oil refineries are targeted by the government as it plans to use their profit from margins to help support the Oil Fuel Fund. (Bangkok Post file photo)

The government's controversial plan to collect a windfall tax from oil refineries to support the dwindling Oil Fuel Fund may face a one-month delay because of legal complications in charging the new tax, says a source from a refinery company.

Six local oil refinery companies are discussing the plan being pushed by energy policymakers to fund the Oil Fuel Fund, which has run up losses exceeding 100 billion baht by subsidising diesel and liquefied petroleum gas.

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