The Energy Regulatory Commission (ERC) is inviting investors to participate in state-run gas and power management programmes in Thailand. The move will be based on a free market model, in which gas and electricity suppliers will be able to compete freely. The ERC will also reduce legislative barriers to investor engagement.
The agency has already awarded seven businesses import licences for liquefied natural gas (LNG) as part of a business development strategy aimed at increasing competition in the sector. These firms include the Electricity Generating Company, Gulf Energy Development Public Limited Company, B.Grimm Power Public Limited Company, Hin Kong Power Company, PTT Global LNG Company, and Siam Cement Group.
The construction of LNG receiving terminals and gas pipeline networks is the next step in developing mid-stream gas infrastructure and ERC is also inviting new investors to join its infrastructure development plans.