Recent developments

•In July 2019, the Laos government published a draft national diesel specification. It introduced the maximum limit of fatty-acid methyl esters content at 1.5% v/v

•In November 2020, the first Laos refinery, Laopec, started operating in the Saysettha Comprehensitve Development Zone located in Vientiane, capital city of Laos, with a production capacity of 1 million tonnes/year

•On May 9, 2022, the Laos government implemented a three-month excise tax reduction measure on diesel, to stabilize the country’s fuel price