Post by account_disabled on Jan 3, 2024 7:50:27 GMT
EGAT negotiates with Petronas LNG over LNG imports Not more than 1.5 million tons per year It is hoped that the selling price will continue to be maintained according to the original proposal that won the bid even after the deadline of 30 September 2019, in order to hope for the NBTC to approve the signing of the contract, specifying if Petronas changes the new price. EGAT can cancel the auction. without being considered a violation of the conditions or must pay compensation for damages But at the risk of affecting the image EGAT and the country because it is a type of auction. International Bidding A source from the Ministry of Energy revealed that in the document inviting submission of proposals (Request for Proposal) for the LNG auction The volume does not exceed 1.5 million tons per year.
Conditions are stated that the winning bidder must maintain the LNG selling price. According to the original proposal until September 30, 2019, if a sales contract has not been signed between them, EGAT can cancel the auction without breaching the conditions. or must pay compensation for damages to Petronas But such a case may affect the image of EGAT and Thailand. In the eyes of foreign investors Due to the auction to procure such LNG It is an auction. International Bidding with world-class companies interested in participating in the auction. Until there were 12 people who passed the qualification Email Marketing List criteria and were able to offer competitive prices. The source said that the resolution of the Energy Policy Administration Committee (NPEC), chaired by Mr. Sonthirat Sonthijirawong, Minister of Energy, on August 30, 2019, assigned EGAT to Negotiate to find a settlement on LNG imports with Petronas without causing any claims for damages. or any expenses according to the conditions specified in the proposal invitation document. and report the results back to NBTC to consider again. However, if EGAT still wants to import LNG in an amount not exceeding 1.5 million tons per year without having to cancel the auction Will have to negotiate with Petronas to maintain the LNG selling price.
According to the bid winning offer Go out for as long as possible. and must present the matter to the NBTC for approval in order to forward it to National Energy Policy Committee (NEPC) and the Cabinet Consider and approve the signing of the sales contract. Reporters from the Energy News Center (ENC) reported that the auction to supply LNG in quantities not exceeding 1.5 million tons per year EGAT was able to consider until the winner was Petronas LNG from Malaysia and presented it to the EGAT board for approval. It has been since May 14, 2019, and the process leading to the signing of the contract has been delayed. Unable to proceed before 30 Sep. 2019 because the NBTC meeting in July 2019 raised concerns about the take or pay burden that may affect the electricity bill. which when there is a change of government and the Minister of Energy, from Mr. Siri Jirapongphan to Mr. Sontirat Sonthijirawong, caused the matter to be reviewed and the resolution of the Energy Regulatory Commission dated On August 30, 2019, EGAT was assigned to negotiate and find a resolution on LNG imports. with Petronas It is initially estimated that the value of the said LNG sales contract is higher than 100 billion baht.
Conditions are stated that the winning bidder must maintain the LNG selling price. According to the original proposal until September 30, 2019, if a sales contract has not been signed between them, EGAT can cancel the auction without breaching the conditions. or must pay compensation for damages to Petronas But such a case may affect the image of EGAT and Thailand. In the eyes of foreign investors Due to the auction to procure such LNG It is an auction. International Bidding with world-class companies interested in participating in the auction. Until there were 12 people who passed the qualification Email Marketing List criteria and were able to offer competitive prices. The source said that the resolution of the Energy Policy Administration Committee (NPEC), chaired by Mr. Sonthirat Sonthijirawong, Minister of Energy, on August 30, 2019, assigned EGAT to Negotiate to find a settlement on LNG imports with Petronas without causing any claims for damages. or any expenses according to the conditions specified in the proposal invitation document. and report the results back to NBTC to consider again. However, if EGAT still wants to import LNG in an amount not exceeding 1.5 million tons per year without having to cancel the auction Will have to negotiate with Petronas to maintain the LNG selling price.
According to the bid winning offer Go out for as long as possible. and must present the matter to the NBTC for approval in order to forward it to National Energy Policy Committee (NEPC) and the Cabinet Consider and approve the signing of the sales contract. Reporters from the Energy News Center (ENC) reported that the auction to supply LNG in quantities not exceeding 1.5 million tons per year EGAT was able to consider until the winner was Petronas LNG from Malaysia and presented it to the EGAT board for approval. It has been since May 14, 2019, and the process leading to the signing of the contract has been delayed. Unable to proceed before 30 Sep. 2019 because the NBTC meeting in July 2019 raised concerns about the take or pay burden that may affect the electricity bill. which when there is a change of government and the Minister of Energy, from Mr. Siri Jirapongphan to Mr. Sontirat Sonthijirawong, caused the matter to be reviewed and the resolution of the Energy Regulatory Commission dated On August 30, 2019, EGAT was assigned to negotiate and find a resolution on LNG imports. with Petronas It is initially estimated that the value of the said LNG sales contract is higher than 100 billion baht.