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Thursday, May 2, 2024

BGRIM to start importing LNG in 2024

PTT’s LNG receiving terminal in Map Ta Phut, Rayong, is set to serve new LNG shippers.

SET-listed B.Grimm Power (BGRIM), an energy developer with the largest capacity in the small power producer segment, plans to start importing its first shipment of liquefied natural gas (LNG) next year, adding competition to the Thai gas market, which should eventually lead to cheaper gas for power plants.

LNG imports have been monopolised by national oil and gas conglomerate PTT…

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