Thailand to cap diesel price at 30 THB
Thai Energy Minister Siri Jirapongphan has said his government will keep the diesel price at no higher than 30 THB per liter in a bid to keep transportation costs low.
Thai Energy Minister Siri Jirapongphan (Photo: thainews.prd.go.th)Bangkok (NNT/VNA) - Thai Energy Minister Siri Jirapongphan has said his government will keep the diesel price at no higher than 30 THB per liter in a bid to keep transportation costs low.
The minister said measures are being put in place to mitigate the impact of rising fuel prices. He added there is no need for truck and public bus operators to raise their fares if they switch to B20 biodiesel.
Meanwhile, the price of liquefied petroleum gas (LPG) has begun to decline after rising from 353 to 393 THB per 15 kg-tank as LPG demand in Europe is decreasing.
To help people cope with the higher LPG prices for the time being, the Thai Energy Policy and Planning Office will subsidise cooking gas by 10 THB, which will bring the price down to 363 THB per tank.
Regarding public concerns over the possibility of rising electricity prices, Siri Jirapongphan said that electricity bills won't change this year as Thailand relies mostly on natural gas for the production of electricity.
He added that the Ministry of Energy will do its best to lessen the impact of rising fuel prices on electricity bills to keep the cost of living affordable. -VNA
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