Reuters: Thai utility EGAT eyes LNG import project to replace Myanmar gas supply

Electricity Authority of Thailand (EGAT), the country's largest power producer, is considering importing liquefied natural gas (LNG) and building a receiving terminal to replace gas supplies from Myanmar that are slated to end, its top executive said.

The planned LNG imports will help offset the loss of natural gas from Myanmar whose gas supply contracts are expiring over the next 10 years, the governor of state-run EGAT, Soonchai Kumnoonsate, told Reuters.

LNG is an important source of fuel for Thailand, which uses natural gas for almost 70 percent of its power generation, a quarter of which is imported from Myanmar.

EGAT may join hands with state-controlled PTT Pcl, the country's sole gas supplier, and other potential partners for the LNG project, Soonchai said in an interview late on Thursday. MORE