Laos govt to provide credit for purchase of fuel

Dr Sonexay Siphandone addresses the National Assembly.

VIENTIANE (Vientiane Times/Asia News Network): The government will provide fuel importers with a Letter of Credit worth US$200 million for the purchase of sufficient petrol to meet the nation’s needs, Deputy Prime Minister Dr Sonexay Siphandone told the National Assembly (NA) on Thursday (June 23).

This amount could buy 200 million litres of fuel which would cover the demand for July and August at 100 million litres a month, Dr Sonexay said.