By an OGJ correspondent
BANGKOK, Aug. 7 -- Rayong Olefins Co (ROC), Thailand's largest olefins producer, has clinched a long-term accord to source LPG and NGL from PTT PCL, formerly Petroleum Authority of Thailand, for its olefins complex on Thailand's eastern coast.
The agreement involves the supply of 50,000-100,000 tonnes/year of LPG and 35,000-70,000 tonnes/year of NGL from PTT's natural gas processing facilities for 15 years starting in December 2002.
The deal marks ROC's switching of feedstocks from naphtha to LPG and NGL processed from indigenous Thai natural gas.
ROC's Mab Ta Phud plant, about 220 km southeast of Bangkok in Rayong Province, has the capacity to produce 800,000 tonnes/year of ethylene and 400,000 tonnes/year of propylene.
ROC is a subsidiary of Thailand's major industrial conglomerate Siam Cement.
Instrumental to ensuring future LPG and NGL supplies to ROC is PTT's fifth gas processing plant, now under construction at Mab Ta Phud.
The new plant will have capacity to process 530 MMcfd of natural gas into 500,000 tonnes/year of ethane, 170,000 tonnes/year of propane, and 480,000 tonnes/year of LPG.