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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

TotalEnergies mulls moving listing to Wall St
Cocoa-free chocolate maker raises US$52mil
Go Hub gets nod to list on ACE Market
SC: Planners should give sound financial advice
Epsom sees more student enrolment from UK
VSTEC becomes first AWS distributor in the country
Penang unveils initiatives for three sectors
Chip sector to shine bright in 2H
MNRB net profit at 50-year high in FY24
Low earnings impact on SDP from Kigip

Others Also Read