PTT asked to join Egat relief scheme

The country is expected to import 10 million tonnes of LNG this year, half of which will come from long-term purchase contracts.

National oil and gas conglomerate PTT Plc has been asked to help state-run Electricity Generating Authority of Thailand (Egat) relieve its 60-billion-baht financial burden incurred by measures to alleviate rising living costs.

Assistance from PTT is part of a relief plan now being discussed by energy authorities who want to see Egat better manage its budget.