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EGAT imports LNG for electricity production


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EGAT imports LNG for electricity production

 

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RAYONG (NNT) - After the Committee on Energy Policy Administration (CEPA) approved the Electricity Generating Authority of Thailand’s (EGAT) proposal to import 200,000 tons of liquefied natural gas (LNG) for power generation, the first cargo of LNG was shipped to Thailand. The importation of LNG will help reduce the the fuel tariff (FT) rate on electricity use, by 0.01 satang per unit.

 

The EGAT organized an event to receive the shipment of 65,000 tons of LNG at PTT’s LNG terminal in Map Ta Phut subdistrict in Rayong province.

 

The LNG is to be used for electricity production at Bang Pakong and Wang Noi power plants. The second shipment of another 65,000 tons will be distributed to Bang Pakong, Wang Noi and South Bangkok power plants. The move is in line with the government’s policy to connect natural gas pipelines and feed gas to LNG stations and third parties, following the liberalization of the Thai gas pipeline market.

 

The EGAT requires about 1 million tons of LNG annually. Its board is to consider purchasing 600,000 tons of LNG next year and another million in 2021. The gas will be used to produce electricity at South Bangkok and Bang Pakong power plants.

 

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Looks like a win for Australia—the world’s largest LGN producer.  Or Quatar, 2nd largest. Or USA, 3rd largest.

Maybe that’s why Bank of Thailand has let the hot money flow—raise the Baht to buy the LNG.  Somehow, I don’t think they’re so clever, though...

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2 hours ago, Wim Kuijpers said:

Why not solar energy? The time that we use fossil energy is over.

Quote

Since 2000, the world has doubled its coal-fired power capacity to around 2,000 gigawatts (GW) after explosive growth in China and India. A further 236GW is being built and 336GW is planned.

Now let the sunshine in.

2000 Gigawatt is more than 2000 real big plants.

 

https://www.carbonbrief.org/mapped-worlds-coal-power-plants

 

And that's just about electricity. Nothing about land transport, heating, cargo ships etc.

Thumbs up for using natural gas.

 

 

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On 12/31/2019 at 10:37 AM, WorriedNoodle said:

Why not drill for their own gas in Thailand?

They are through concession contracts but production from its gas blocks aren't sufficient to meet all of Thailand's energy needs. And eventually further development may become too expensive.

 

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On 12/31/2019 at 1:14 PM, Isaan sailor said:

Looks like a win for Australia—the world’s largest LGN producer.  Or Quatar, 2nd largest. Or USA, 3rd largest.

Maybe that’s why Bank of Thailand has let the hot money flow—raise the Baht to buy the LNG.  Somehow, I don’t think they’re so clever, though...

I wonder where it was imported from? Qatar has been very aggressive with good deals.

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