LPG price to remain until end of May

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BANGKOK, 31 MARCH 2013 The Energy Policy and Planning Office (EPPO) has agreed to stabilize the price of liquefied petroleum gas (LGP) for another 2 months. 

Energy Minister Pongsak Ruktapongpisal made known that the EPPO meeting had approved a 2-month extension of the LPG price subsidy policy. The country’s LPG price of 18.13 baht per kilogram was originally set to be adjusted on April 1.

The Energy Minister said the delay in the survey on the effect of the price adjustment on low-income earners and street venders has led to the deadline postponement.

Mr. Pongsak stated that the Suan Dusit poll is yet to complete the nationwide survey due to the delay in Bangkok survey.

He went on to say that the study in the capital has been behind schedule because of the March-3 Bangkok Governor election.

As the missing survey is expected to be completed at the beginning of May, the LPG price will remain unchanged until May 30, 2013, said the Energy Minister.