Gulf Energy wins Thai LNG import licences

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By Mirza Duran Gulf Energy Development said on Thursday it has secured licences from the government of Thailand to import liquefied natural gas as it looks to reduce power prices in the country.

For illustration purposes only (Image courtesy of Gulf Energy Development)

The Energy Regulatory Commission approved Gulf’s request for an LNG shipper license in the amount of 300,000 tonnes a year.

Gulf said its license would be used to supply LNG to 19 of its small power projects in the company to produce electricity and steam for industrial customers.

The company said in a separate statement that Hin Kong Power Holding Limited also won

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