The Energy Business Department will propose Energy Minister Siri Jirapongphan to increase the retail price of gasohol 91 to the same level as the gasohol 95 so that more motorists will switch to gasohol 95 and gasohol 91 will eventually be phased out.
An informed energy source said that two oil trading companies had notified the Energy Business Department that they would stop selling gasohol 91 at their petrol stations, which is in line with the Energy Ministry’s to gradually phase out gasohol 91.
The source said that if the price of gasohol 91 is on par with that of gasohol 95, more motorists would switch to gasohol 95 or E20 which has higher content of ethanol. He added that increased use of E20 will help boost the prices of certain farm products used as raw materials for producing ethanol.
Of late, the Energy Ministry adjusted the retail prices of gasohol 91 and gasohol 95 to narrow the price differential to 26 satang per litre to encourage motorists to switch to gasohol 95.
Daily consumption of gasohol 91 stands at 10.35 million litres compared to 12.01 million litres of gasohol 95.