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Fears held for impact on bio fuels, gas prices
Energy Minister Pichai Naripthaphan said contributions and value-added tax have been cut by three baht a litre for diesel, 7.17 baht for 91 octane petrol and 8.02 baht for 95 octane petrol.
The National Energy Policy Committee, chaired by Prime Minister Yingluck Shinawatra, approved the reductions yesterday.
Ms Yingluck said the cuts formed part of the government's policy commitments made to parliament earlier this week and would help ease expenses for the public.
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