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Regulator prepares measures for potential gas price spike

Bangkok Post

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June 27, 2025

The tentative ceasefire between Israel and Iran gives the Energy Regulatory Commission (ERC) more time to brace for liquefied natural gas (LNG) price fluctuations, which often lead to expensive electricity bills, says an energy official who requested anonymity.

- YUTHANA PRAIWAN

Regulator prepares measures for potential gas price spike

The ERC is working on plans to ensure Thailand will have sufficient LNG for use, acquiring it at prices that will not affect the cost of power generation in the country, said the official.

Gas makes up 60% of fuels used for electricity generation in Thailand. Changes in LNG prices could mean higher or lower electricity bills.

"The goal is to prevent electricity prices from skyrocketing," said the official.

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