Tokyo Gas Engineering bags Thai LNG gig

Japan’s Tokyo Gas Engineering Solutions, a unit of Tokyo Gas, has secured a contract from a joint venture consisting of Thailand’s Gulf Energy Development and PTT Tank Terminal, a unit of PTT, for their planned LNG terminal in Map Ta Phut.

Under the deal with Gulf MTP LNG Terminal, TGES said it would carry out updates of front end engineering design (FEED) and engineering, procurement, construction, and commissioning (EPCC) tender management services.

TGES will perform the tender management services for the upcoming EPCC tender planned by GMTP.

Gulf Energy owns 70 percent in the LNG terminal developer while PTT Tank holds the rest. The two firms established the JV back in 2019. The terminal would have a capacity of up to 10.8 million tonnes per annum.​​

TGES said the new contract would last by the middle of 2023, but it did not provide the price tag of the deal.

This is the second time for the company to work for GMTP’s LNG terminal project, after having been awarded to conduct the original FEED in August 2020.

TGES said it had participated in several Thailand LNG projects, namely the Map Ta Phut LNG receiving terminal Phase 2 and the Nong Fab LNG receiving terminal or the Map Ta Phut LMPT2 LNG terminal.

LNG demand in Thailand is on rise, supported by the steady economic growth and to make
up for the falling production in domestic gas fields, TGES noted in the statement.

Most Popular

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

NextDecade, Bechtel agree $9 billion EPC deals for two Rio Grande LNG trains

US LNG firm NextDecade and compatriot Bechtel have finalized EPC contracts worth $9.09 billion for the construction of the fourth and fifth trains and related infrastructure at the Rio Grande LNG facility in Texas.

Atlantic LNG shipping rates jump to $49,750 per day

Atlantic spot LNG shipping rates rose to $49,750 per day this week, while European prices also jumped compared to the previous week.

More News Like This

Thailand in Alaska LNG talks

Thailand's PTT and Egco will engage in further discussions to potentially participate in the development and buy volumes from the planned Alaska LNG project, according to Thailand's Ministry of Energy.

MOL inks deal with Tokyo Gas for wind-assisted LNG carrier

Japan's shipping giant MOL has joined forces with a unit of compatriot city gas supplier and LNG importer Tokyo Gas on an LNG carrier equipped with wind-assisted ship propulsion systems.

Gulf moves forward with Thai LNG import terminal

Thailand’s Gulf and PTT Tank Terminal, a unit of PTT, are moving forward with work on their planned LNG terminal in Map Ta Phut.

Tokyo Gas to buy US shale gas stake from Chevron

Japan’s city gas supplier and LNG importer, Tokyo Gas, has agreed to buy a stake in a US shale gas development from energy giant Chevron.