June 10, 2011 / 4:37 AM / 8 years ago

Thailand's first LNG terminal to operate from July-PTT

BANGKOK, June 10 (Reuters) - Thailand’s first liquefied natural gas (LNG) receiving terminal is on schedule to begin commercial operations in July after the first test run went well, an executive at owner and operator PTT Pcl said.

State-controlled PTT received 60,000 tonnes of LNG from Qatar in the spot market on May 31 for the test run at the $880 million terminal, the first in Southeast Asia, Wichai Pornkeratiwat, senior executive vice-president for its gas business, told reporters.

PTT, the country’s top energy firm, plans to import another lot of LNG for further testing before the commercial run starts, Wichai said.

“The test run went smoothly without problem. We plan to import more LNG soon to test again,” he said, adding the imports to date were not part of a PTT contract to buy LNG from Qatar.

PTT, which has been in talks with several LNG suppliers, has signed a deal to buy 1 million tonnes of LNG a year from Qatar from late 2011.

The terminal facilities comprise one jetty and two storage tanks that can handle up to 5 million tonnes per year of LNG. (Reporting by Khettiya Jittapong; Editing by Alan Raybould)

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