The pump price of liquefied petroleum gas (LPG) for use by vehicles is likely to increase this weekend in line with the government's policy to float energy prices, Energy Minister Arak Chonlatanon said on Tuesday.
The Energy Policy Administration Committee will meet on Friday to consider the newf retail price. The regulator, meanwhile, agreed on Tuesday to cut the OIl Fund levy on all types of fuel by 0.20 baht a litre to maintain domestic retail prices at current levels as global oil prices have rose again.
Mr Arak said the retail price of LPG had been capped at 18.13 baht per kilogramme for a long time for household cooking use and for the transport sector.
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