38.8 C
Bangkok
Wednesday, April 24, 2024

Groups seek extension of diesel price cap

Representatives from the Land Transport Federation of Thailand (LTFT) and 10 other associations converged outside Government House on Wednesday to demand diesel prices remain capped at 30 baht per litre.

The petition followed Prime Minister Prayut Chan-o-cha’s plea for the public’s understanding on Tuesday over the government’s decision to remove the price cap, as the Fuel Oil Fund used to keep the price down is severely depleted.

According to Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow, starting on May 1 the government will only subsidise half of the difference above the 30-baht mark. For example, if diesel sells at 40 baht a litre, then consumers would have to pay 35 baht per litre.

About 60 representatives gathered to urge the government to review the…

Read more…

Latest Articles