Ministry resolute on LPG float in early 2013 | Bangkok Post: business

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Ministry resolute on LPG float in early 2013

Energy Minister Pongsak Raktapongpaisal yesterday reiterated the government's intention to float energy prices this year, deeming a float of liquefied petroleum gas (LPG) a must.

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The government plans to begin the first phase of the floating scheme by March, when LPG's price is set to rise by 33% to 25 baht a kilogramme. So far, LPG has been capped at US$333 a tonne or 18.13 baht per kg.

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