Up to four-baht hike proposed for NGV
- Published: 27/09/2011 at 02:40 AM
- Newspaper section: Business
The Energy Policy and Planning Office (EPPO) plans to propose to the National Energy Policy Council next week that the price of natural gas for vehicles be increased by 2-4 baht a kilogramme to help ease PTT's accumulated losses.
PTT previously claimed it has been suffering huge financial losses of as much as 27 billion baht due to the government's policy to freeze the retail price of NGV at 8.50 baht per kilogramme.
The Northeastern Transport Business Association's senior adviser Apichart Prairungruang said his group should not be affected much if the NGV price was slightly increased due to high demand.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
Latest stories in this category:
- PM visiting Australia
- Gold prices for Saturday
- Thai foreign investment incentives placed in the spotlight
- Drama in GSB president selection
- Raimon Land keen to pursue high-end Bangkok condos
- Fitness First plans 4 more gyms, sees opportunity
- CAT ordered to suspend 3G amid inquiries
- Huge Silom plot may grab B2bn at auction
