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More NGV distribution services in July


May 29, 2008

More NGV distribution services in July

Thailand Energy Minister Poonpirom Liptapanlop on Wednesday affirmed that natural gas for vehicles (NGV) distribution services for Thai consumers will be more convenient in terms of the number of service stations by the end of July.

She said that a long-term plan for NGV consumption from December this year through 2012 will be determined by means of which 'main' and 'supporting' service stations would be made available for greater convenience.

A study regarding how much investment would be made to accommodate the plan will be made.

Regarding progress on the plan to encourage E85 gasohol consumption, she said she had discussed with Japanese and European automakers and believed that importing vehicles using the alternative fuel could be made in the next 3-4 months.

She projected the local production of the vehicles needs to take around 18 months. However, the minister said incentives must be given to encourage motorists to use E85 gasohol, which is a mixture of 85 per cent of ethanol and 15 per cent gasoline.

Excise tax rates for E85-compatible cars would be cut. Corporate taxes for ethanol producers would also be reduced.

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