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LPG pricing plan to be considered next week



Prime Minister Abhisit Vejjajiva has assigned the Energy Ministry to consider if it should proceed with the planned two-tier pricing scheme for liquefied petroleum gas (LPG), now that the global price has fallen near the domestic level.



 "There is no reason to adjust the price of LPG for transportation and industrial use. In the next National Energy Policy Council's meeting next week, which I will chair, we should have the conclusion on energy policies," Abhisit said after the meeting with Energy Minister Wannarat Charn-nukul on Monday.

Wannarat said that the premier wanted a clear policy on the pricing of gas for household and non-household use.

 He noted that it is likely that the household price would be maintained to alleviate the public's cost of living. However, the price for gas for transportation and industrial use would be set separately and it would be considered by the National Energy Policy Council next week, which will be chaired by the prime minister.

 He noted that the ministry is ready to set the price in accordance with actual costs. In January, LPG has slid to US$350 per tonne, against the $950 peak.

 The previous government approved the two-tier pricing scheme. While household gas price would be maintained, the price for transportation and industrial gas would be raised Bt6 per kg.       

       Meanwhile, the prime minister preferred to keep the natural gas for vehicle (NGV) price at Bt8.50 per kg.

 "This may affect PTT's investment plan, but the ministry will seek an internal discussion with PTT on this," he said.


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