PTT together with BIG have signed a contract to sell liquefied natural gas (LNG) to factories, the outer area of the gas pipeline.
The LNG to be sold for the clients are expected to replace other previous fuels such as liquefied petroleum gas (LPG), bunker oil and diesel oil, which could help cut production price by 8-10%. The LNG will be supplied to clients via expertise and high-standard operation system from Air Products and Chemicals, Inc. (AP) from the United State of America (USA), which will distribute the LNG through its distribution centre with its 5-year experience in the field.
Mr. Piyabut Charuphen, Managing Director of Bangkok Industrial Gas Co., Ltd. (BIG), Thailand’s Innovative Industrial Gas Solutions with more than 30 years experience in gas industry, said the company has signed a contract together with PTT Group on October 11, 2018, to be a joint-distributor of LNG for clients, whose factories are located in the outer areas of the existing gas pipeline. LNG is a clean fuel with higher heating value compared to other fuels such as LPG, bunker oil and diesel, that could help cut production costs of factories by 8-10%. As a result, the demand on LNG in industrial sector is expected to rise substantially further in line with growing economy as the price of LNG is more competitive and its complete combustion property produce no adverse effect on environment, making the LNG to be much compatible for industrial sector. In the past, PTT is the sole gas distributor of the LNG to the clients via the gas pipeline. However, this cooperation with BIG will help enhance distribution capacity and enhance competitiveness of the clients to move toward the policy of “Thailand 4.0”.
For the LNG distribution plan, BIG will rapidly start supplying LNG to clients in the first quarter of 2019, which emphasize the role of innovative industrial gas company. BIG has brought new world-class gas distribution operation from its parent company from the United State (US), Air Products and Chemical Inc, which is world leading innovative LNG solution. Besides, the company also offers consulting services and other technical services to help customers to switch from the previous fuels system to the new cleaner and modern LNG technology to help clients to move forward the efficient energy usage that match the clients’ need to help operate their factories with higher efficiency. With strong experience and expertise in the gas industry, BIG is confident that our genius LNG distribution system will help enhance competitiveness of industrial clients with high safety and no adverse effect on environment and community.