Laos prepares to produce bio-oil for domestic use and reduce imports
The Lao State Fuel Company signed an agreement here on 1 Nov, with GAIA Petro Co., Ltd of the Republic of Korea to launch a biofuel production project in Laos worth US$20 million. The biofuel production project aims to produce 500,000 litres of biogasoline daily.It ...
Fuel Shortages Threatens Rural Crisis in Laos
For the past few months, the nation has been hit by rising global oil prices and a weakening local currency, which have led to a steep rise in the price of fuel and widespread shortages. In April, petrol and diesel prices rose 72 percent and ...
Fuel Prices Rise Again and May Rise Further
The retail price of fuel has just risen again as of Saturday (May 26). According to a statement signed by the Minister of Industry and Commerce, petrol companies and gas stations across the country must now increase the retail price by 200 kip/liter for premium grade, 100 kip/liter for regular petrol, and 100 kip/liter for ...
The Laotian Times