The Electricity Generating Authority of Thailand (EGAT) has reportedly started talks with a number of suppliers of liquefied natural gas as it readies plans to develop an FSRU-based import terminal.
Thailand’s government is aiming to liberalize LNG imports in order to spur competition in the sector, according to the energy minister Anantaporn Kanjanarat , Reuters reports.
Currently, PTT is the only gas supplier and LNG importer in Thailand. To liberalize the market, the government has introduced third-party access, allowing companies to use PTT’s pipeline network to supply gas to end-users.
Kornrasit Pakchotanon , who was appointed EGAT’s governor in June, was reported as saying the company is expecting to receive the approval from the national energy policy committee to build a 5 mtpa FSRU.
In June last year, EGAT signed a memorandum of understanding with Tokyo Electric Power Company (Tepco) to cooperate in developing the LNG value chain business for electricity generation.
LNG World News Staff