BANGKOK (ANN): The Energy Policy Administration Committee has acknowledged the guidelines for turning Thailand into the regional trading hub of liquefied natural gas (LNG).
The guidelines came about from a study assigned by the government-appointed energy reform committee to PTT.
Energy Minister Sontirat Songtijirawong said yesterday (Dec 4) that the move was estimated to generate Bt165bil (US$5bil) for Thailand’s economy between 2020 and 2030.
The country is expected to start full commercial trading late next year or early in 2021.Thailand has potential to become the regional hub due to its high demand of LNG and its geographical location as the centre of countries with high LNG demand, namely China, India, Japan, Cambodia, and Vietnam.
Read more at https://www.thestar.com.my/news/regional/2019/12/05/thailand-looks-to-become-lng-hub#RCQjO8fOi1XtmhGy.99
