Thailand aims to become regional LNG hub despite Covid-19 crisis


BANGKOK (The Nation/ANN): The escalating Covid-19 outbreak will not disrupt Thailand's aim to become a regional hub for liquefied natural gas (LNG), Energy Minister Sontirat Songtijirawong said recently.

Sontirat has of late assigned Thailand’s oil and gas conglomerate, PTT Plc, to take a lead in driving the country towards the goal.

He added that PTT has conducted a trial of LNG reload to transport LNG to small vessels.The Energy Ministry has also revised regulations to liberalise the LNG market in the country.

Meanwhile, the Electricity Generating Authority of Thailand (Egat) has conducted a trial of importing LNG from the spot market, with a second lot of import totalling 65,000 tonnes to be completed early this month.

Late last month, the Egat board approved the state agency’s plan to procure additional LNG from the spot market from this year until 2022.

Egat will import no more than 600,000 tonnes of LNG this year, 1.9 million tonnes next year and 1.5 million tonnes in 2022. - The Nation/Asia News Network

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Thailand , LNG , hub

   

Next In Regional

Covid-19: Cases up by 2,331, bringing total to 372,859 (updated daily)
No fourth wave: Malaysia still handling the third wave of Covid-19 infections, says Dr Adham
Police kill 4 in clashes with Bangladesh workers of Chinese-backed power plant
Malaysian traditional arts receive a boost with Adiguru Cendana Programme
Myanmar junta chief to attend ASEAN summit on first foreign trip since coup
Covid-19: 2,331 new cases bring total to 372,859
Myanmar releases prisoners for New Year, though likely not dissidents
Covid-19: Five shuttlers test positive, Academy Badminton Malaysia shuts down
Popular Tamil comedy actor Vivek dead at 59
3 amazing places to visit in Johor that are just as exciting as Johor Baru Premium

Stories You'll Enjoy


Vouchers