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Tuesday, May 14, 2024

Price cut promotes shift to gasohol 91

Gasohol nozzles are pictured at a Bangchak petrol station. (Photo: Somchai Poomlard)

The state push to reduce the price of gasohol 91 by 2.5 baht per litre for three months is expected to cause motorists using a variety of gasohol to shift to gasohol 91, which is projected to be phased out.

The cabinet last week agreed in principle to reduce the excise tax on gasohol and is expected meet on Tuesday for final approval. The government is estimated to lose 1 billion…

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