BANGKOK (AFX-ASIA) – The government plans to use at least 1 billion baht to subsidise fuel prices to contain retail price hikes, former Energy Minister Pongthep Thepkanchana said just before his transfer in Cabinet reshuffle. “The retail price of oil has abnormally increased recently. Thus, it is necessary to seek funds to normalise oil prices…
THAILAND: Government plans 1 billion baht in fuel subsidies to contain prices
Posted on February 17, 2003 by EnergyAsia