Commodity Market Report
Thailand LNG long-term outlook H2 2020
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Report summary
2020 LNG demand remains robust, despite the decline in gas demand. Thailand took advantage of cheap LNG prices and nominated down its domestic and imported pipeline supply. There is further upside to LNG demand due to risks in continued pipeline supply from Myanmar. Three more companies received their LNG import licensees, bring the total license holder to five. Egco is hoping to be the sixth one and has applied for their license in November 2020.
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