The Energy Policy Administration Committee agreed on Thursday to revise the price of liquefied petroleum (LPG) by cutting its refinery transfer price to Bt14.37/kg from Bt17.17.
Energy Minister Sontirat Sontijirawong said the move was in response to the fall in LPG’s value in the global market and will also help ease people’s cost of living in these lean times.
The committee meanwhile resolved to cap the retail price of natural gas for vehicles (NGV) at Bt13.62/kg for public buses for another three months, May 1-July 31.
The NGV price for passenger cars will also be pegged at Bt15.31/kg for another five months, starting from this week.
Published : March 19, 2020
By : THE NATION