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    PTT Gets Nod to Build Second Phase of LNG Terminal

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Summary

Thailand's PTT has won approval to build the second phase of a liquefied natural gas (LNG) receiving terminal worth $698 million.

by: Shardul

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Asia/Oceania

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PTT Gets Nod to Build Second Phase of LNG Terminal

Thailand's PTT has won approval to build the second phase of a liquefied natural gas (LNG) receiving terminal worth $698 million, Reuters said in areport citing the Energy Ministry's National Energy Policy Office.

The company has also been given the authorisation to buy an annual 2 million tonnes of LNG from Qatar Liquefied Gas Company Limited for 20 years starting from 2015, the energy agency said in a statement, the newswire report added.

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