GULF invests THB2.7 billion in renewable energy and sustainable investments fund
Gulf Energy Development Public Company Limited (GULF) announced that Gulf International Investment (Hong Kong) Limited (Gulf HK), its wholly-owned subsidiary, entered into a subscription agreement to commit to invest EUR 75 million, which is equivalent to approximately THB 2.7 billion, in Lightrock Climate Impact Fund SCSp (LCI Fund).
THAI GAS OUTPUT TO REMAIN ON A DOWNWARD TREND: FITCH SOLUTIONS
Thailand’s natural gas production is forecast to remain on a downtrend over the next decade owing to continuous output declines at the Erawan gas field, in the Gulf of Thailand, Fitch Solutions said in a report on August 8. This will leave little choice but for the country to become more dependent on costlier imports.
New partnership inked to develop decentralised power plants in Thailand
A new partnership has been announced between INNIO and B.Grimm Power to explore the development of decentralised power plant solutions in Thailand.
Qatargas sends first LNG cargo to Thailand terminal
The LNG producing unit of QatarEnergy, Qatargas, has supplied the first LNG cargo to Thailand’s Map Ta Phut LMPT2 LNG terminal.
Thailand PTT Group exits coal mining business with a nine-figure
Thai oil and gas conglomerate, PTT Group’s board of directors gave the go-ahead for PTT Mining of Hong Kong (PTTML), a coal mining business, to be transferred to Indonesia-based PT Astrindo Nusantara Infrastruktur Tbk (Astrindo).
INNIO Announces Future Collaboration With B.Grimm Power to Explore New Thailand Power Plant Projects
INNIO announced today that it has signed a Memorandum of Understanding (MoU) with B.Grimm Power to collaborate on building new power plant projects in Thailand. B.Grimm has a long and successful history as a trailblazer in Thailand’s private power generation industry. The MoU lays out the framework for a collaboration of the two companies to […]
Proposed power tariff hike ditched
BANGKOK: A new higher power tariff is to be postponed following an intervention by Prime Minister Prayut Chan-o-cha to curb rising living costs, says a source at the Energy Ministry.
Thailand’s PTTEP and Italy’s Eni strike ‘significant gas discovery’ in UAE
Thailand’s PTTEP (BKK:PTTEP) has announced another “significant gas discovery” from its first exploration well in the United Arab Emirates (UAE), together with partner Eni (MIL:ENI) of Italy, that paves the way for “establishing a strong presence” in the Middle East nation.
