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Sunday, April 28, 2024

Cheaper gas for power plants foreseen

B.Grimm Power to start importing LNG next year, creating more price competition

The PTT LNG receiving terminal in Map Ta Phut, Rayong, is set to serve new LNG shippers. (Photo: PTT Plc)

SET-listed B.Grimm Power Plc (BGRIM) plans to start importing liquefied natural gas (LNG) next year, bringing competition to the Thai gas market, which should eventually lead to cheaper gas for power plants.

LNG imports have been…

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