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Nicholas

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Pump prices will start to rise on Wednesday

 

Diesel to be heavily subsidised

 

Underbart.

 

The diesel price would rise by less than one baht per litre on Wednesday morning and would be capped at 33 baht per litre.

 

The government would decide on diesel price increments on Tuesday evening, he said.

Mr Phiphat said diesel had been at 34.94 baht per litre during the tenures of two previous governments.

“We will gradually increase the price towards that point,” he said.

The Oil Fuel Fund Office said on Monday that the fund was subsidising

high speed diesel by 20.36 baht per litre,

gasohol 95 and 91 petrol by 9.73 baht per litre,

gasohol E85 petrol by 2.28 baht per litre and

gasohol E20 petrol by 11.06 baht per litre.

Mr Phiphat said the Oil Fuel Fund was about 12 billion baht in the red on Monday and the caretaker government would cap the fund's losses at 40 billion baht.




https://www.bangkokpost.com/Thailand/general/3218524/pump-prices-willl-start-to-rise-on-wednesday?fbclid=IwY2xjawQmNFpleHRuA2FlbQIxMABzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEe6zCwSltt6fxBt5p6q_KgDybf_CQlc4tISQ7dsedWUA57F8nawjX_81qCG40_aem_GkSNigpb2OEqNm_RWD_jHA

 

 

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