Thailand Gets Spot LNG Cargo From Qatar at Map Ta Phut Terminal

PTT Pcl (PTT), Thailand’s importer of liquefied natural gas, has received a spot cargo from Qatar at its Map Ta Phut terminal, according to a company official.

The Onaiza, with a capacity of about 206,000 cubic meters, arrived yesterday at the Gulf of Thailand terminal, said the official who asked not to be identified because he isn’t authorized to speak to the media. The tanker loaded its cargo at Qatar’s Ras Laffan LNG terminal and departed on June 5, according to ship transmissions captured by IHS Fairplay on Bloomberg.

PTT owns and operates the Map Ta Phut terminal in Rayong, which has a capacity of 5 million metric tons a year. The company, Southeast Asia’s first LNG importer, signed its first long-term contract with Qatargas in December 2012 for 2 million tons annually for 20 years starting in 2015, according to data compiled by Bloomberg.

PTT needs to buy as much as 2 million tons of spot LNG this year to meet power-industry demand, the official said on April 12. The company last month purchased a mid-July cargo and one for end-July through its fourth tender this year, according to the official.

To contact the reporter on this story: Chou Hui Hong in Singapore at chong43@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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