Companies held by Thai Gulf Energy Development Public Co. Ltd. have received government licenses to import as much as 1.7 million tonnes/year (tpy) of LNG.
Thailand’s Energy Regulatory Commission (ERC) granted Hin Kong Power Holding Co. Ltd. (HKH) an LNG shipper license for 1.4 million tpy to be used as a fuel for electricity production for a 1,400-Mw power plant in Hin Kong subdistrict, Mueang district, Ratchaburi province expected to begin commercial operations in 2024-25. Thai Gulf holds 49% of HKH and Ratch Group Public Co. Ltd. holds 51%.
ERC granted Gulf Energy itself a 300,000-tpy LNG shipper license. Gulf Energy will supply the LNG to 19 of its small power producer projects, supplying electricity and steam to industrial customers.
Gulf Energy and state-owned PTT plan to build a 5-million tpy LNG terminal at Map Ta Phut, Rayong province. Commercial operations are expected in 2025.
