Egat to import 1.9m tonnes of LNG next year, expand into EV sector
The Electricity Generating Authority of Thailand (Egat) aims to import 1.9 million tonnes of liquefied natural gas (LNG) next year, followed by 1.8 million tonnes per year in 2022 and 2023, said new Egat governor Boonyanit Wongrukmit.
Boonyanit took office on December 4.
The state agency will also ask the Cabinet early next year to approve its plan to call bids for the procurement of a floating storage and regasification unit (FSRU) in the Gulf of Thailand, he added.
It is also seeking opportunities to invest in upstream LNG businesses in the next three to five years. Egat is expanding into the emerging electric vehicle (EV) sector, targeting installation of 31 EV charging stations next year.
The state agency forecasts power demand in Thailand will edge up 4 per cent next year from the estimated 3 per cent year-on-year decline this year.
