BANGKOK Dec 8 Thailand's energy policy
committee has approved a proposal under which state-owned PTT
Pcl will buy liquefied natural gas (LNG) from
Malaysia's Petronas over a 15-year period, the committee said in
a statement on Thursday.
PTT will buy 1 million tonnes a year of LNG from Petronas in
2017 and 2018, the statement said. It will buy 1.2 million
tonnes of LNG from Petronas from 2019.
Petronas will be Thailand's fourth LNG supplier
under long-term contracts.
PTT, Thailand's sole gas supplier, has already signed a
20-year contract to buy 2 million tonnes LNG annually from Qatar
that came into effect last year.
(Reporting by Pracha Hariraksapitak and Orathai Sriring;
Writing by Amy Sawitta Lefevre; Editing by Muralikumar