Thailand aims to raise LNG import capacity
The Ministry of Energy of Thailand plans to boost its LNG import capacities to increase gas supply to the country as coal-fired power projects are suffering from delays.
PTT will invest Baht 1bn (US$28m) to increase the capacity of the 5 Mt/year Map Ta Phut regasification terminal by 1.5 Mt/year by 2019. The company is currently building a second 5 Mt/year regasification unit that should be completed in 2017 and the terminal's total capacity should then be raised to 11.5 Mt/year in 2019. PTT also received the approval from the national energy policy committee to develop another 5 Mt/year LNG terminal in another location in the Rayong province; investment is estimated at Baht 36.8bn (US$1.03bn).
State-owned power utility Electricity Generating Authority of Thailand (EGAT) is also considering developing a floating LNG storage and regasification unit (FSRU) in the Gulf of Thailand, which would regasify up to 5 Mt/year.
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