BANGKOK, 27 April 2011 (NNT) – The National Energy Policy Committee (NEPC) has endorsed a gradual price increase of liquefied petroleum gas (LPG) for industrial use, starting from July, while prices of LPG for other sectors and natural gas for vehicle (NGV) will be pegged until September. After attending the NEPC meeting chaired by Prime [...]
BANGKOK, 23 April 2011 (NNT) – Domestic oil retailers and refineries PTT Plc and Bangchak Petroleum Plc have increased their retail prices of oil products by 40 satang per liter, except for E85 and diesel, starting from Saturday at 05.00 hrs onwards. The price adjustment resulted from higher prices of crude oil in the global [...]
BANGKOK, 4 April 2011 (NNT) – Domestic oil retailer and refinery PTT Plc has increased retail oil prices by 50 satang per liter for all products across the board except for E85, which will be increased by 30 satang, from today at 05.00 hrs onwards. Retail oil prices in Bangkok and vicinities are as follows: [...]
BANGKOK, 23 March 2011 (NNT) – Oil prices should not go beyond 110 US dollars per barrel although the situation in Libya is getting more violent with continuous attacks by the western alliance. Energy expert Manoon Siriwan voiced his belief that the oil price would not go much further from the current one following clashes [...]
BANGKOK, 21 March 2011 (NNT)-Mr. Thanawat Polwichai, the Director of the Economic and Business Forecasting Centre at the University of the Thai Chamber of Commerce has revealed that the UN attacks in Libya will not send the price of crude oil above 120 US dollars per barrel but will bring peace to the country. According [...]
BANGKOK, 10 March 2011 (NNT) – Domestic oil retailers and refineries, PTT Plc and Bangchak Petroleum Plc, have decreased their retail prices of gasohol products by 50 satang for and benzene by 30 satang, starting Thursday at 05.00 hrs onwards. The prices adjustment results from a plan to increase oil production capacity of the Organization [...]
BANGKOK, 3 March 2011 (NNT) – The Energy Policy and Planning Office (EPPO) plans to increase the diesel subsidy if the oil price in the world market still soars continuously. EPPO Director Viraphol Jirapraditkul said his office would call a meeting of the Committee on Energy Policy Administration (CEPA) to consider additional amount of subsidy [...]
BANGKOK, 16 February 2011 (NNT) – The Electricity Generating Authority of Thailand (EGAT) has estimated that this year’s electricity consumption will increase by 5 percent from 2010 while the Ft charge may rise due to the soaring oil prices. EGAT Governor Suthat Pattamasiriwat indicated that the electricity usage of this whole year would likely move [...]
BANGKOK, 14 February 2011 (NNT) – Bank of Thailand (BoT) Governor Dr Prasarn Trairatvorakul has voiced his belief that the government’s measure to pin diesel price at 30 THB per liter will be just temporary. Dr Prasarn stated that the measure is to help relieve consumers from high cost of living, preventing product prices from [...]
BANGKOK, 13 January 2011 (NNT) – Prime Minister Abhisit Vejjajiva said the government’s oil subsidy did not intervene with the Oil Fund mechanism, adding the government would revise the subsidy plan if the Fund balance dropped to 10 billion baht. Speaking during his weekly TV program “Confidence in Thailand with PM Abhisit”, the Prime Minister [...]
