By THE NATION
Under the pact, PTT will procure natural gas for Egat’s power plants. The contract also allows Egat to import a million tonnes of liquefied natural gas for use in its plants.
Separately, the Energy Policy Administration Committee has decided to change the calculation formula of the ex-refinery price of oil effective from Wednesday. The revision will see 50 satang per litre on average drop in the price of all fuel types.
The committee also resolved to extend the subsidy on cooking gas to September 30 from the original expiration date of June 24.
Under the existing subsidy, a 15-kilogram gas canister goes for Bt318, which is Bt45 cheaper than normal.