Thailand calls off long-term LNG import plan with Malaysia's Petronas

Thailand is now preparing to receive its first LNG import in a spot-market cargo from Petronas on Dec. 28. The second shipment is expected around April 2020 during an off-peak period.

BANGKOK: Thailand has called off a plan for its state-run power producer to import up to 1.5 million tonnes of liquefied natural gas (LNG) per annum from Malaysia's Petronas, a Thai official said on Friday.

Thailand's National Energy Policy Council (NEPC) changed its mind this week on a decision in 2017 to have the state-run Electricity Generating Authority of Thailand (EGAT) import up to 1.5 million tonnes of LNG annually.