THE THAI ENERGY Reform Watch (TER Watch) group - launched yesterday - has proposed three measures to reform the country's energy programme to the National Council for Peace and Order (NCPO).
The first proposal concerns petroleum concessions. It suggests sharing income from the fuel |concession process and extending contracts for existing concessions due to expire in seven or eight years from now.
The next proposal is to revise the management system for the country’s liquid petroleum gas (LPG). In 2008, the Cabinet said that people had the right to use LPG before the petrochemical industry.
The final point was cancellation of the oil price reference against the Singapore markets, which are calculated from oil refinery prices and import premium.
The TER Watch group said Thailand had its own oil refinery and did not need to add the import premium cost. As a result, the oil price would reduce Bt0.70 per litre, said ML Kornkasiwat Kasemsri, director of the energy policy research centre of Rangsit University.