Energy Minister directs PTT to cap LPG-NGV prices for two more months

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Bangkok – Energy Minister Sonthirat Sonthijirawong says he has coordinated with PTT to consider extending the period of fixing LPG prices for street vendors and NGV prices for public transport until September. Currently the measures are due to expire at the end of this month. The move is aimed at helping low income earners and PTT has allocated 30 million baht a month in subsidies to cap the LPG price.

As for assistance for oil palm growers, the Electricity Generating Authority of Thailand (EGAT) has been assigned to find ways to use crude palm oil to produce electricity according to the framework previously approved by the Cabinet, and prepare a plan for directing the use of B7, B10 and B20 diesel fuel to help farmers in the long run.

The use of the Oil Fund to subsidize the price of B20 to make it cheaper than diesel of general grade by five baht, a measure due to be terminated this month, is again up for discussion with the relevant agencies.