Thailand's EGAT says signs deal with Tepco on LNG import cooperation

BANGKOK: State-run Electricity Generating Authority of Thailand (EGAT) has signed a preliminary agreement with Tokyo Electric Power Co (Tepco) to co-operate on impots of liquefied natural gas (LNG) to Thailand, a senior EGAT official said on Friday.

Thailand is expected to import a large amount of LNG to help offset falling domestic gas supply and the plan will not affect PTT PCL, the country's sole gas supplier, Prapas Vichakul deputy governor for fuel told reporters.

LNG is an important source of fuel in Thailand, which uses natural gas for almost 70 percent of its power generation. A quarter is imported from Myanmar.