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News Forum - Laos experiencing a petrol crisis due to high inflation


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The Lao government denied there was a national petrol crisis despite calling an emergency meeting and hours’ long queues witnessed throughout the country’s filling stations. The government, who import the majority of its petroleum from Thailand, scheduled an emergency meeting to discuss the country’s inflation, panic buying and why a large number of petrol stations were closed last week in Laos. “I assure you that my company and the Lao Fuel and Gas Association will provide enough fuel supplies, there will be no shortage,” Chanthone Sitthixay, president of Petroleum Trading Lao Public Company, insisted in a public address. PTT Oil […]

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