NGV price to be floated from July, policy committee
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THE ENERGY Policy Administrative Committee Wednesday resolved “conditionally” to float the prices of natural gas for vehicles on July 16.
The committee, chaired by Energy Minister Anantaporn Kanjanarat, agreed to let NGV’s pump prices within 50 kilometres of Bangkok reflect NGV’s true cost.
The price will be reviewed on the 16th of every month.
For the next six months from today to July 15, it will seek PTT’s cooperation to keep the retail price of NGV for passenger vehicles at Bt13.50 per kilogram and to lower it when the cost comes down.
The NGV price for public passenger vehicles stays at Bt10 per kilogram.
