LNG news in Thailand

Thailand’s government has approved the renewal of the bilateral co-operation with Japan on LNG to strengthen long-term energy security for both countries.

PTT International Trading Pte Ltd and Centrica LNG Company Ltd have signed a long-term LNG sale and purchase agreement for a period of 10 years.

Eni has entered into a long-term LNG sales agreement with Thailand’s Gulf Development Company for 0.8 million tpy.

OLT Offshore LNG Toscana has resumed full operation of the FSRU Toscana terminal after completing the re-installation and reconnection to the national gas network activities and receiving an LNG.

Rystad energy reports that despite the growth in dual fuels, LNG remains supreme in terms of shipping fuel choices.

The first ever ship bunkering at Hamina LNG terminal has been successfully completed. In co-operation with Rohe Solutions and Glander International Bunkering.

Oil and gas industry exhibits resilience as contract value sustains despite 22% drop in contract volume during 2023, reveals GlobalData.

In the July 2023 issue of LNG Industry, Richard Acklam, Associate Principal, Charles River Associates, highlights the key trends in the Asia Pacific LNG market, whilst touching on relevant global developments to analyse how they are affecting the Asia Pacific region. This special report lists the references for this article.

Emma Richards, Fitch Solutions, provides an outlook for the global LNG market.

GlobalData reports that Southeast Asia is set to increasingly rely on imported LNG through 2030 due to growing demand.