Amid rising tensions between US and Iran, PTT has adjusted the volume of oil imports from the Middle East from 74 per cent to 50 per cent while state-owned petroleum companies will raise their total production by 25,000 barrel/day or 36,000 barrel in a critical situation by restraining the oil export, from the current level of 130,000 barrel.
The Oil Fund with a chest of Bt37 billion has the policy to maintain oil prices and the public should have confidence in the government, Sontirat said.