According to Reuters, a company executive at Thailand’s PTT has stated that the company is planning to construct a second LNG import terminal.
Speaking at an industry event, the executive – Wuttikorn Sitthit, PTT Executive Vice President of Natural Gas Supply and Trading – reportedly said that the terminal will have an import capacity of 7.5 million tpy.
Upon completion, this will bring Thailand’s total import capacity to 19 million tpy.
Read the article online at: https://www.lngindustry.com/regasification/09052017/ptt-to-construct-second-lng-import-terminal/
Gavin Thompson, Asia Pacific Vice Chair, Wood Mackenzie, comments on the future of LNG supply in APAC, stating that projects must move fast to take advantage of strong LNG prices and contracting fever.