E20 price Bt1 cheaper than gasohol 95

The National Energy Policy Committee on Monday approved the new pricing formula for E20 gasohol, which will keep its retail price at least Bt1 a litre cheaper than gasohol 95. The price would be effective in January.

Energy Minister Piyasvasti Amranand said the low price is also assisted by the lower contribution to the Oil Fund, as E20 contribution would be lower than gasohol 95's by 35 satang per litre.

In the month, PTT will sell E20 at 10 stations and Bangchak Petroleum at 5 stations. Car dealers also said about 60,000 vehicles compatible with E20 will be available.

High oil prices spark higher demand for alternative fuels. Gasohol 91 and 95 daily sales rose from 3 million litres in January to 6 million in November. - The Nation

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E20 price Bt1 cheaper than gasohol 95

The National Energy Policy Committee on Monday approved the new pricing formula for E20 gasohol, which will keep its retail price at least Bt1 a litre cheaper than gasohol 95. The price would be effective in January.

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