As of October this year, the number of LPG stations stood at 1,870 stations, down from 2,400 stations during the LPG boom in 2013. The volume of LPG sales through retail stations dropped by 11%, indicating that more small LPG stations are out of business, while others are expected to switch to petrol. This is likely to lead to a lot of changes in LPG business, particularly in the retailing sector. Takuni Group Plc, another leading LPG retailer, has suspended its LPG retail business for the transport segment, keeping only its LPG wholesale in operation. However, while the overall LPG business in Thailand is subdued, some major LPG operators are bucking the trend by expanding constantly, said the source.

Source: Bangkok Post December 18, 2017 00:00 UTC