LNG

Gulf Energy Development, a leading Thai power supplier to the Electricity Generating Authority of Thailand (EGAT) and private customers in the country’s main industrial zones, has been awarded government licences along with a partner company to import 1.7 million tonnes per annum of LNG.

The state-owned Electricity Generating Authority of Thailand said that Petronas LNG, a subsidiary of Malaysia’s state oil and gas company Petronas, won a tender to supply the Thai utility with LNG and may become a long-term supplier.

Gulf Energy Development Public Co. of Thailand said it signed a cooperation agreement to develop a gas-fired power project and liquefied natural gas import terminal in Ninh Thuan province of southeast Vietnam.