Price of cooking gas capped for another 3 months

By The Nation

 

 

The Energy Policy Administration Committee on Monday resolved to cap the retail price of cooking gas at Bt318 per 15-kilo cylinder for another three months, until the end of December.

 

The move is aimed at easing living costs during the Covid-19 pandemic, said Energy Policy and Planning Office director-general Wattanapong Kurowat.

The subsidy is expected to cost the Oil Fund Bt450 million per month.

 

The committee also tasked the Energy Regulatory Commission with revising the service fee for piping natural gas to companies, aiming to create an “appropriate price”.

 

Source: https://www.nationthailand.com/news/30394887

 

-- © Copyright The Nation Thailand 2020-09-22

 

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This is such a low price.   That's 10$ US for 15kg.  Our 20# or about 8.8 kg costs about 16$   where does this low cost gas come from?  Perhaps its low cost to hook people on using gas and then the price will go up.  

Edited September 22, 20205 yr by Elkski

Just now, Elkski said:

This is such a low price.   That's 10$ US for 15kg.  Our 20# or about 8.8 kg costs about 16$   where does this low cost gas come from?  Perhaps its low cost to hook people on using gas and then the price will go up.  

Petrol is 30% cheaper than 10 years back ..... the real question to ask is why isn't gas 30% cheaper?

Cost about 360 out where I am, and has for several years.

 

Maybe thsi is wholesale price not retail?