PTT to build third LNG receiving terminal in Myanmar
Third LNG terminal in Myanmar is strongly in plans of Thailand’s PTT as a gateway to further security to the country’s energy supply.
LNG is used to produce 70% of Thailand’s power generation with 25% of it being imported from Myanmar.
According to Nuttachat Charuchinda, chief operating officer for PTT’s upstream business, the company is looking to build an LNG receiving terminal with a capacity of 5 million tonnes per year reports Reuters.
PTT already owns a 5 million ton per year, Map Ta Phut LNG terminal with a second one of the same capacity scheduled for completion in 2017.
LNG World News Staff, October 1, 2014; Image: PTT LNG