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Marubeni and PTT in LNG bunkering feasibility study

28 Dec 2017

Japanese integrated trading and investment business conglomerate Marubeni Corporation and Thai state-owned oil and gas company Public Company Limited (PTT) has entered into a joint feasibility study for a liquefied natural gas (LNG) bunkering project at Laem Chabang port in Thailand.

Laem Chabang port is the largest industrial port in Thailand which has more than 8,000 vessel arrivals per annum, says Marubeni.

 A third expansion plan is being implemented at the port, and the two companies are expecting demand for LNG bunkering to grow in this area due to increased exports and the tightening of environmental regulations.

“This joint study will verify the feasibility of an LNG bunkering project that utilises a fuel supply ship that is compatible with an existing PTT managed LNG receiving terminal in Map Ta Phut (located in Rayong, approximately 200km southeast of Bangkok),” states Marubeni.

“This area is called the Eastern Economic Corridor (EEC) in Thailand, a special economic zone where infrastructure development is being strategically implemented.

“The Japanese government is expressing its support and contributing to infrastructure development in the area to help bolster Thailand’s industrial development.”

Photo credit: Marubeni
Published: 28 December, 2017

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