Thailand May Complete First LNG Terminal by June

Thailand may complete its first liquefied natural gas import terminal by June, said Kurujit Nakornthap, deputy permanent secretary at the energy ministry.
The country will purchase about 1 million metric tons of the fuel annually for two to three years, Kurujit said today in Batam, Indonesia. That’s about 20 percent of the capacity of the 5 million-ton facility in Rayong province on the east coast. Thailand’s gas demand is growing as much as 7 percent a year, he said.
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Source: Bloomberg