(Photo by Pattarapong Chatpattarasill)The domestic retail price of liquefied petroleum gas (LPG) will remain unchanged in April, the Energy Policy and Planning Office (Eppo) has confirmed, despite cheaper global LPG prices. He said keeping the retail price unchanged allows the government to cut levies collected by the state Oil Fund. "The state Oil Fund subsidised retail gas prices when global oil prices surged," Mr Twarath said. Mr Twarath said the recent tropical storm, which reduced temperatures, has helped cut power demand in March, resulting in real power demand to be lower than expected. Heavy rains brought temperatures down to 33-34C, cutting real power demand to 552.2GWh, and peak power demand to 26,220 megawatts from the previous forecast of 28,250MW.

Source: Bangkok Post April 05, 2017 02:15 UTC