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         EGAT moves forward with being a new importer of liquefied natural gas (LNG) and invites international market producers and businesses capable of LNG procurement for EGAT to submit a Request for Expression of Interest (REOI) before entering the bidding process for the maximum benefit of the country. It is expected to start importing gas by 2019 in the amount of no more than 1.5 million tons per year.

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         Mr. Patana Sangsriroujana, EGAT’s Deputy Governor - Policy and Planning revealed EGAT’s progress of becoming an LNG importer. EGAT has invited LNG producers and businesses in the international market to submit a REOI along with information of their readiness to supply LNG in order for EGAT to select and register before entering the bidding process. EGAT will choose the producer or business with experience, financial stability, and readiness to supply LNG in both quantity and quality. Producers and businesses interested can read more details at EGAT’s Foreign Supply and Procurement Website http://www4.egat.co.th/fprocurement/biddingeng/.

         Mr. Patana said the invitation was according to the resolution of the Energy Policy Management Committee on July 25, 2018, to draft a contract for LNG procurement to be complete within 2018, and for EGAT to begin importing LNG of no more than 1.5 million tons per year to be used in EGAT power plants by 2019. Meanwhile, EGAT’s LNG price must not exceed the lowest LNG price of Thailand’s current long-term supply contract. This is in line with the resolution of the National Energy Policy Committee to promote competition in the LNG business on July 31, 2017, and for EGAT to become a new LNG importer of Thailand.

         “EGAT is confident that it will be able to carry out the government’s directive as scheduled. EGAT plans to sign the contract within the first quarter of 2019 and start using the gas by the end of 2019. We will operate with transparency and objectivity for the maximum benefit of the country and the people,” said Mr. Patana.