Panel puts Egat's LNG import plan on hold | Bangkok Post: business - News Summed Up

Panel puts Egat's LNG import plan on hold | Bangkok Post: business


Last Thursday, Epac suspended Egat's plan because the Energy Policy and Planning Office (Eppo) has doubts about the volume of LNG -- 800,000-1.5 million tonnes a year -- matching utilisation rates. PTT Plc and Egat are the only two agencies that are eligible to import LNG. Egat's 1.5-million-tonne LNG contract is the first tranche, while PTT has signed purchase contracts totalling 5.2 million tonnes a year. Once Epac approves Egat's LNG plan, it will propose the agenda to the National Energy Policy Council chaired by the prime minister. "The country needs to import LNG at 23 million tonnes a year by 2037," Mr Siri said.


Source: Bangkok Post May 20, 2019 23:37 UTC



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