Oil Fund levy cut
- Published: 7 Aug 2012 at 16.04
- Online news:
A meeting of the Energy Policy Administrative Committee on Tuesday agreed to cut the Oil Fund levy on diesel by 0.30 baht a litre and 0.50 baht on gasohol 91 and gasohol 95.
Energy Minister Arak Chonlatanon said after chairing meeting that the cuts were to help offset the burden on people and manufacturers caused by rising oil prices and inflation.
Mr Arak said the state Oil Fund would also increase its subsidy for gasohol E20 and gasohol E85 by another 0.50 baht per litre to promote the consumption of alternative energy.
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