PTT asks permission to raise vehicular gas price after govt subsidy
SET-listed PTT has asked permission from the Energy Ministry to raise the price of natural gas for vehicles (NGV), which fuels public buses, to Bt13.62 per kilo after the government's price subsidy expires on July 30, said the ministry’s permanent secretary Kulit Sombatsiri.
The government subsidy of Bt3 per kilo has cut the price of NGV from Bt13.62 to Bt10.62 per kilo.
In a related matter, the ministry will propose a new price structure for NGV to the National Energy Policy Committee soon, he added.
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