Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Thailand’s PTT and Tokyo Gas set up JV for LNG

© Supplied by ShutterstockLPG for sale in Thailand. Source: Shutterstock.
LPG for sale in Thailand. Source: Shutterstock.

Japan’s Tokyo Gas (TYO:9531) and Thai state-backed energy company PTT (BKK:PTT) will set up a joint venture to enter the on-site energy business involving liquefied natural gas (LNG) supply in Thailand.

The agreement was signed between Tokyo Gas Engineering Solutions Corp (TGES) and Siam Management Holdings Co. (SMH), a wholly-owned subsidiary of PTT, the Japanese company said in a statement.

The joint venture company, PTT&TGES Optec Co, will be formed in Bangkok next month with the start of operations planned for the January-March quarter of next year.

Its business will centre on offering an “advanced energy service” with a combination of LNG supply by lorry and various types of generation systems using solar, biomass and thermal power, among others, said Tokyo Gas.

Visualisation and automatic optimum control of equipment are also among specific features of the service, which will be offered in Thailand, where fuel conversion from liquefied petroleum gas and heavy oil to LNG will proceed rapidly, it said.

Potential customers include factories, utilities and small power producers – businesses benefiting from the Electricity Generating Authority of Thailand’s (EGAT’s) scheme to buy electricity for preferential prices for a long period from small cogeneration and other operators under certain conditions, it added.

Recommended for you

More from Energy Voice

Latest Posts