PTT seeks long-term LNG supply | Bangkok Post: business

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PTT seeks long-term LNG supply

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MAP TA PHUT, RAYONG : The giant oil and gas conglomerate PTT Plc is seeking long-term supply contracts for liquefied natural gas (LNG) to serve a sharp increase in domestic demand. 

Phanu Suthirate, executive vice-president and managing director of PTT LNG Co, said the long-term contract suppliers will include its upstream petroleum subsidiary, PTT Exploration and Production Plc (PTTEP) and other LNG traders.

Last year, PTT signed a long-term LNG supply contract with Qatar Gas for 2 million tonnes annually with deliveries starting in 2015.

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