With summer temperatures expected to soar, PTT Plc, Thailand’s national oil and gas conglomerate, has assured that its liquefied natural gas (LNG) reserves are up to the task of meeting the country’s increased electricity demand.
In Thailand, 60% of the fuel used for electricity generation is gas. As a result, PTT is prepared, with gas reserves of 6 billion cubic feet, enough to support power production for one month should the demand unexpectedly rise by between 1,400 and 1,500 megawatts a day.
An Energy Ministry official, who wished to remain anonymous, explained this equates to a month’s worth of LNG consumption, assuming daily gas usage is 200 million cubic feet. Should gas usage surpass this reserve level, PTT can source more LNG from the Middle East using a prompt shipment service, the official confirmed.
The need for potential…
