By The Nation
Egat’s board, chaired by Energy Ministry’s permanent secretary Kulit Sombatsiri, approved the contract on Friday (May 22) after it was given the attorney-general’s okay.
As per the contract, PTT supply natural gas to all of Egat’s power plants with the exception of Nam Phong power plant, for which a 10-year (2020-2029) operation contract is being negotiated.
Egat initially set the liquified natural gas (LNG) trade volume from 3.5 million to 5 million tonnes per year as between 5 million and 6 million tonnes of LNG is required to produce electricity per year.
The Global DCQ contract was part of a resolution made by Energy Minister Sontirat Sontijirawong and Committee on Energy Policy Administration.