PTT May Buy LNG from Shell, Partner in Projects

Thailand’s PTT might consider purchasing liquefied natural gas from Shell if it can be a partner in Shell's gas exploration and production activities, according to The Nation.

Panu Sutthirat, executive vice president for natural gas supply and marketing, said recently that Shell Thailand has shown an interest in entering the LNG business in Thailand and is keen to be a supplier to PTT, The Nation reported.

Shell Thailand could construct its own LNG depot and sell LNG to industrial customers or NGV filling stations once the Energy Regulatory Commission issues regulations to govern competition in the natural gas trading business, the newspaper added.

The regulations will allow private firms to use PTT's gas transmission pipelines. If Shell, which operates major gas fields worldwide, wants to supply LNG to PTT, it should give PTT Group the chance to participate in some form or jointly invest in its gas fields.