Thailand to cap diesel price at 30 THB
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Thailand to cap diesel price at 30 THB

Economy, Vietnam, Vietnam Finance News

VNA
Sunday, May 27, 2018 – 17:04:00 Print

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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