PTT eyes importing more than 700,000 tonnes of LNG this year
Thailand’s top oil and gas conglomerate, PTT Plc, aims to import between 660,000 and 770,000 tonnes of liquefied natural gas (LNG) this year, said Wuttikorn Stithit, PTT’s senior executive vice president for the gas business unit.
The company has recently signed contracts to purchase five shipments of 60,000 to 70,000 tonnes each, with the first cargo of LNG arriving in March this year.
The Energy Ministry has given PTT the job of developing Thailand into a regional LNG hub. The company has already tested the LNG reload and filling service for LNG-fuelled vessels in the first quarter of this year.
