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PTT plans to increase LNG terminal capacity

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LNG Industry,

According to Reuters, the CEO of the Thai state-owned oil and gas company, PTT PCL, has revealed two major plans to increase its LNG terminal capacity.

Firstly, the company is reportedly planning to increase the capacity of an existing LNG terminal from 5 million t to 11.5 million t. The terminal is located in Rayong, Thailand.

Secondly, Reuters reports that the company is also planning to construct a second terminal, which will be capable of handling 7.5 million tpy of LNG. This terminal will be located near Rayong Province, and will bring the company’s total capacity to 19 million t.

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