PTT Plans Second LNG Terminal

Thailand’s PTT is planning to develop its second LNG terminal the Map Ta Phut industrial estate, Bangkok Post reported. The second terminal will have a capacity of five million tonne a year.

Chief executive Pailin Chuchottaworn said his company is conducting a feasibility study for a second receiving terminal, which would help to triple PTT's LNG capacity to 15 million tonnes a day after 2020.

Gasification from LNG will enable 2.1 billion cubic feet per day, up from 700 million cfpd at present.

PTT is also planning to buy 2 million tonnes of LNG a year from the state-owned Qatar Gas. It plans to purchase another 3 million tonnes per year from Australia, Africa and the US, Bangkok Post said.