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Production / Operations

Valeura acknowledges Thai fuel export restrictions

By The Northwire Desk — AI Analysis Mar 09, 2026 · 15:50 VLE · 11.77 Valeura Energy Inc
VLE · Price

Executive Summary

  • Valeura Energy reports that Thailand’s new fuel security decrees (published March 6, 2026) restrict exports of gasoline/gasohol, diesel, Jet‑A1 fuel and LPG, but do not limit crude oil shipments.
  • The company confirms it will continue to supply domestically produced crude oil to the Thai market at prices aligned with Brent benchmarks.
  • No change is expected to Valeura’s crude oil pricing or overall export strategy under the new regulations.

Key Details

  • Thailand’s Prime Minister signed decrees, announced in the Royal Thai Government Gazette on 2026‑03‑06, limiting immediate exports of four refined fuel categories: gasoline/gasohol, diesel, Jet A1 fuel, and liquefied petroleum gas (LPG).
  • The decrees do not impose any export restrictions on crude oil.
  • Valeura Energy intends to maintain a reliable supply of domestically produced crude oil to support Thailand’s energy security.
  • The company expects its crude oil sales to continue achieving market‑based pricing, roughly equivalent to the Brent crude benchmark.
  • No operational disruptions or changes to production volumes are indicated.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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