Gas
GULF seeks to develop its gas business in line with Thailand’s national strategy and efforts to support energy security and greater competitiveness across the natural gas value chain. GULF’s gas business comprises:​

​ LNG supply and trade:
GULF has been granted a liquefied natural gas (LNG) shipper license under its subsidiary, Gulf LNG Company Limited, to supply 300,000 tonnes of natural gas per annum to 19 SPPs in operation under the Company. In addition, the Company has also been granted an LNG shipper license under its joint venture, Hin Kong Power Holding Company Limited, to supply 1.4 million tonnes of natural gas per annum to the Hin Kong power project.​

​ LNG terminal:​
The Company holds a 70% equity interest in Gulf MTP with the rights to develop and operate the Map Ta Phut Industrial Port Development Project, Phase 3 (Phase 1) (“MTP3”) located in Rayong province. As part of the MTP3 project, the Company has been granted rights to design, construct and operate an LNG terminal with a capacity of up to 10.8 million tonnes per annum.​​

Natural gas distribution (NGD):​
GULF holds a 40% equity interest in PTT NGD to invest in the construction of a natural gas distribution pipeline system serving customers in 13 industrial areas in the Bangkok Metropolitan region and Rayong province. In addition, the Company holds a 35% equity interest in Gulf WHA MT to operate two gas distribution projects (“NGD2” and “NGD4”) serving industrial users in industrial estates in Thailand’s eastern seaboard.​
Overview
In operation
3 projects
Under development​
1 project
Thailand
In Operation
Under Construction
Rayong
NGD2 (2M mmbtu/year)
NGD4 (2M mmbtu/year)