Local LPG price hike to begin in April

0
827

BANGKOK, 27 January 2013  The price of liquefied petroleum gas (LPG) will be gradually increased from April, according to the Energy Policy and Planning Office (EPPO). 

EPPO Director-General Suthep Liumsirijarern said that the country’s LPG price will be increased by 50 Satang every month for a period of 1 year, starting this April.

Mr. Suthep stated that the monthly increase will add a total of 6 baht to a kilo of LPG, which is now priced at 18.13 baht per kilo.

He added that, by next March, Thai LPG price will rise to be in line with its cost of 24.82 baht a kilo.

When asked about of the National Energy Policy Committee meeting on February 8, which will be chaired by Prime Minister Yingluck Shinawatra, Mr. Suthep said that the meeting will request an approval to extend the fixed price for LPG of 18.13 baht another 3 months, or from January to March.

The LPG price pegging policy was supposed to expire since December 31, 2012.

LEAVE A REPLY

Please enter your comment!
Please enter your name here