KPL
The government is strengthening inspections of fuel importers, distributors and retailers to prevent hoarding and unjustified price increases while ensuring transparent pricing and adequate national fuel reserves.
(KPL) Prime Minister Saleumxay Kommasith outlined the measures while responding to questions from the National Assembly Standing Committee and members during the Second Ordinary Session of the 10th National Assembly on October 7, 2026.
He said regional and international tensions, including trade conflicts and instability in the Middle East, continue to affect global energy prices and supply chains, creating risks for Laos' fuel supply and domestic prices.
The government will strengthen inspections of fuel import-export and distribution companies to ensure transactions comply with the official pricing structure and prevent market manipulation.
Companies will also be required to maintain strategic fuel reserves in line with Decree No. 559/Gov and submit daily reports on imports and remaining stocks through the DTOP system. The government aims to maintain national reserves at about 60 million litres or more.
To reduce supply risks, the government is encouraging companies to diversify import sources, including from Vietnam, China and Singapore, while ensuring that fuel stations remain open and continue serving households and production sectors.
The government will also continue excise tax reductions on fuel products approved by the National Assembly and promote the development of regional fuel storage facilities in northern, central and southern Laos.
Authorities are also studying participation in ASEAN joint fuel stockpiling arrangements and the feasibility of a petroleum pipeline linking Laos and Vietnam to reduce transport costs and reliance on road-based fuel shipments.
In the longer term, the government plans to promote domestic petroleum refining and strengthen the Lao State Fuel Enterprise as a mechanism for stabilising the market and supporting fuel supplies when private-sector distribution faces disruptions.
Prime Minister Saleumxay said the measures are intended to strengthen fuel supply security, improve market transparency and reduce the impact of external energy shocks on the economy and people's livelihoods.
KPL
