Thai Gulf Energy gets 1.7-million tpy LNG import licence

Companies held by Thai Gulf Energy Development Public Company Ltd have received government licences to import as much as 1.7 million tonnes/year (tpy) of LNG.

Thailand’s Energy Regulatory Commission (ERC) granted Hin Kong Power Holding Company Ltd (HKH) an LNG shipper licence for 1.4 million tpy to be used as a fuel for electricity production for a 1,400-Mw power plant in Hin Kong subdistrict, Mueang district, Ratchaburi province expected to begin commercial operations in 2024-25.

Thai Gulf holds 49% of HKH and Ratch Group Public Company Ltd holds 51%.

ERC granted Gulf Energy itself a 300,000-tpy LNG shipper licence. Gulf Energy will supply the LNG to 19 of its small power producer projects, supplying electricity and steam to industrial customers.

Gulf Energy and state-owned PTT plan to build a 5-million tpy LNG terminal at Map Ta Phut, Rayong province.

Commercial operations are expected in 2025.

Source: Oil & Gas Journal