The project is to be developed by Gulf Energy Development
Pcl and state-owned PTT Pcl.
The Gulf MPT LNG Terminal Company Limited will be a joint
venture in which a Gulf Energy subsidiary would have a 70% stake while a PTT
entity would hold a 30% stake.
The project envisions the construction of a port and an LNG
terminal with an initial annual capacity of 5 million metric tons.
The facility is scheduled to start commercial operations by
2025, and is expected to bring in more investment to the country’s industrial