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BUSINESS

Analysts worried about gas auctions

Business, Yuthana Praiwan, Published on 01/05/2018

» Energy analysts are anxious about the possibility of further delays in the upcoming auction for the two gas blocks in the Gulf of Thailand, even as policymakers kicked off the official bidding on April 23.

BUSINESS

DOEB predicts flat LPG pump stations

Business, Yuthana Praiwan, Published on 27/04/2018

» The Department of Energy Business (DOEB) forecasts a freeze in the expansion of liquefied petroleum gas (LPG) stations as demand for the fuel in the local transport sector has been gradually shrinking since 2014.

BUSINESS

PTT eyes airport rail link

Business, Yuthana Praiwan, Published on 26/04/2018

» PTT Plc, the national oil and gas conglomerate, is conducting a feasibility study for a high-speed railway linkage between three major airports in Bangkok and Chon Buri worth 200 billion baht.

BUSINESS

New renewable plants to receive B2.4 feed-in tariff

Business, Yuthana Praiwan, Published on 26/04/2018

» Energy policymakers announced new renewable power generators will have the same feed-in tariff as fossil-fuel power generators, 2.40 baht per kilowatt-hour, because their production cost is equal to or lower than their traditional peers. The new rate is effective for new power plants immediately.

BUSINESS

Criteria for Erawan and Bongkot bidding released

Business, Yuthana Praiwan, Published on 25/04/2018

» Energy policymakers have announced crucial criteria for the upcoming auctions of the Erawan and Bongkot gas blocks, which will be focused on gas price offered to PTT and benefits shared with the state.

BUSINESS

Masterkool seeks profit swing

Business, Yuthana Praiwan, Published on 25/04/2018

» Amid fierce competition in fans and cooling machines in Thailand, Masterkool International Plc (KOOL) is poised to avoid a loss in 2018 by upgrading its business strategy to meet consumer demand.

BUSINESS

Gulf to build B50bn gas-fired plant

Business, Yuthana Praiwan, Published on 24/04/2018

» SET-listed Gulf Energy Development Plc (GULF), one of Thailand's largest power producers, says it will soon close a 50-billion-baht project loan to develop a gas-fired power plant, which the company will operate under its independent power producer (IPP) licence, says chief executive Sarath Ratanavadi.

BUSINESS

Ministry seeks rental of Rayong LNG terminal

Business, Yuthana Praiwan, Published on 21/04/2018

» The Energy Ministry is planning to use two units of PTT's receiving terminal for liquefied natural gas (LNG), saying the move is part of a policy to open up LNG trade.

BUSINESS

B10 biodiesel pushed as antidote to palm oil surplus

Business, Yuthana Praiwan, Published on 20/04/2018

» The Thai Biodiesel Producer Association (TBPA) has called for energy policymakers to accelerate their enforcement of rules pertaining to the production and use of B10 biodiesel in a bid to absorb the current surplus of palm oil in national stocks.

BUSINESS

Chansin hopes to maximise value at state oil and gas firm

Business, Yuthana Praiwan, Published on 19/04/2018

» Chansin Treenuchagron, the newly appointed president and chief executive of PTT Plc, believes his direction will add value to existing assets of the national oil and gas conglomerate.