Thailand launches push to use more ethanol, gas

Newswire

By Nopporn Wong-Anan BANGKOK, May 27 (Reuters) - Thailand passed a tax incentive package on Tuesday to lure motorists and truckers to switch to ethanol or compressed natural gas from gasoline or diesel as the net crude oil importer seeks to counter soaring oil prices. The package, approved by the cabinet on Tuesday, was moved up by two years from an original schedule as the country sees oil prices pushing up inflation and affecting economic growth, cabinet ministers said. "We have to ...

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