The country is expected to import 10 million tonnes of LNG this year, half of which will come from long-term purchase contracts.
National oil and gas conglomerate PTT Plc has been asked to help state-run Electricity Generating Authority of Thailand (Egat) relieve its 60-billion-baht financial burden incurred by measures to alleviate rising living costs.
Assistance from PTT is part of a relief plan now being discussed by energy authorities who want to see Egat better manage its budget.
Last year Egat was ordered by the Energy Regulatory Commission to cap fuel tariffs on power bills from last September to…
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