The managed float of the liquefied petroleum gas (LPG) price for household use is unlikely to begin next month as planned, as the subsidy plan for the target group is not ready, say energy policymakers.
The Energy Ministry will start raising the price of cooking gas by 50 satang a kilogramme a month from July from 18.13 baht at present. The price will rise for 12 consecutive months to reach 25 baht per kg.
After that, the price will be floated freely to reflect world market prices.
About 8 million low-income households whose power bills are lower than 90 kilowatt-hours a month, and 500,000 food vendors are entitled to direct subsidy from the state Oil Fund once the price is floated.
But Viraphol Jirapraditkul, director-general of the Energy Business Department, yesterday said energy planners have yet to finalise ways to provide subsidies, as the process is complicated and they have not received complete data of the beneficiaries under the programme.
Meanwhile, the department is unable to identify the food vendors entitled to the subsidy, as many of them do not have a permanent residence or place of business.
Chiasanupong Rungrojngumcharoen, chairman of the LPG Traders Association, said the LPG price float may be delayed as the target subsidy group is so large.