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Project Insights

Thailand to build third LNG terminal amid declining production

The additional facility will be constructed to meet an expected surge in demand for imported LNG over the next decade The additional facility will be constructed to meet an expected surge in demand for imported LNG over the next decade.
By Damon Evans 4 October 2019 Asia Pacific / LNG 0 34648
The Map Ta Phut LNG terminal in Thailand. (Qatargas)

Thailand’s Gulf Energy Development and state-owned PTT will build a third LNG terminal in the country as demand is expected to surge as a result of waning domestic production.

The Industrial Estate Authority of Thailand (IEAT) said on 1 October that the pair will build a $1.3 billion regasification terminal and port on the country’s east coast. The facility will have an initial capacity of 5.0 mtpa with the option of expansion to 10.8 mtpa in a yet-to-be determined second phase. It is expected to start...