EGAT's board approves the draft long-term gas purchase contract or Global DCQ contract with PTT that has passed the Attorney General's process. PTT will be the supplier of natural gas to supply EGAT's power plants. all (except Nam Phong Power Plant) for a period of 10 years, but allows EGAT to import LNG itself in the amount of 1 million tons per year. It is expected that the agreement will be signed soon. Before the current short-term contract expires on June 30, 2020, at a meeting of the Electricity Generating Authority of Thailand (EGAT Board) with Mr. Kulit Sombatsiri, Permanent Secretary of the Ministry of Energy Chaired on May 22, 2020, approved the draft of a long-term gas purchase contract or Global DCQ contract that allows PTT to supply natural gas to power plants.
All of EGAT (except Nam Phong Power Plant) for a period of 10 years, according to the draft contract. It has been examined and approved by the Attorney General's Office. which is the next step EGAT must sign Telegram Number Data a contract with PTT and will continue with the procurement process. It is expected that a contract will be signed soon. To be effective from 1 July 2020 onwards due to the short-term gas purchase contracts currently in use It will expire on June 30, 2020. Reaching an agreement in negotiating the Global DCQ contract between EGAT and PTT is in accordance with the policy of Mr. Sonthirat Sonthijirawong, Minister of Energy. and according to the resolution of the Energy Policy Administration Committee (NPEC) from the past that long-term natural gas sales contracts Its term expired in 2014 and EGAT has always chosen a short-term year-to-year contract approach. Previously, the EGAT Board on December 26, 2019 had agreed in principle.
Global DCQ contract in order to prepare the details into a complete contract and sent it to the Office of the Attorney General for investigation, which was originally expected to be presented to the EGAT board for approval since the end of January 2020, but the time was postponed until it was presented to the EGAT board. Agreed on May 22, 2020. For the essence of the Global DCQ contract this time, it will be approximately 10 years old, starting from July 1, 2020. PTT will is a natural gas supplier to feed the power plant All EGAT plants Such as Bang Pakong, Wang Noi, North Bangkok, South Bangkok, Chana Power Plants, except Nam Phong Power Plant. There will be negotiations to make a contract later. The gas purchase contract will allow EGAT to import LNG to use in its own power plants, in the amount of 1 million tons per year.
All of EGAT (except Nam Phong Power Plant) for a period of 10 years, according to the draft contract. It has been examined and approved by the Attorney General's Office. which is the next step EGAT must sign Telegram Number Data a contract with PTT and will continue with the procurement process. It is expected that a contract will be signed soon. To be effective from 1 July 2020 onwards due to the short-term gas purchase contracts currently in use It will expire on June 30, 2020. Reaching an agreement in negotiating the Global DCQ contract between EGAT and PTT is in accordance with the policy of Mr. Sonthirat Sonthijirawong, Minister of Energy. and according to the resolution of the Energy Policy Administration Committee (NPEC) from the past that long-term natural gas sales contracts Its term expired in 2014 and EGAT has always chosen a short-term year-to-year contract approach. Previously, the EGAT Board on December 26, 2019 had agreed in principle.
Global DCQ contract in order to prepare the details into a complete contract and sent it to the Office of the Attorney General for investigation, which was originally expected to be presented to the EGAT board for approval since the end of January 2020, but the time was postponed until it was presented to the EGAT board. Agreed on May 22, 2020. For the essence of the Global DCQ contract this time, it will be approximately 10 years old, starting from July 1, 2020. PTT will is a natural gas supplier to feed the power plant All EGAT plants Such as Bang Pakong, Wang Noi, North Bangkok, South Bangkok, Chana Power Plants, except Nam Phong Power Plant. There will be negotiations to make a contract later. The gas purchase contract will allow EGAT to import LNG to use in its own power plants, in the amount of 1 million tons per year.
