To ensure that demand is met despite falling domestic gas production, PTT is looking to increase LNG supply and infrastructure. Several efforts have been made by Thailand in 2016 to achieve this: PTT signed a SPA with BP, the NEPC approved PTT's supply agreements with Shell and PETRONAS and also EGAT's plans to build a 5.0 mmtpa FSRU.
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As global energy demand rises, the market for liquefied natural gas (LNG) continues to expand. Set to increase by 50% between 2015 and 2020, the LNG market is one of the fastest growing in the world. This spectacular growth is transforming the market, with many new companies entering the sector and changing the industry landscape.
This LNG Long Term Outlook report provides an overview of LNG in the gas market.
LNG market participants and advisers can use this report to better understand the long-term role of this market in the global LNG business.
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Commodity market report | Jan 2017
Thailand LNG long-term outlook 2017: Hungry for more LNG
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