To support the increasing demand for natural gas in Thailand, GULF invests in, develops, and operates various gas businesses which can be classified into four types.
GULF invests in projects that develop, construct, and operate natural gas distribution pipeline systems that are directly connected to the transmission pipelines of PTT Public Company Limited. The distribution network connects gas supply to industrial demand, supporting reliable fuel access for industrial customers.
GULF is the developer and operator of the LNG terminal project located in Map Ta Phut Industrial Estate, Rayong province, under a public-private partnership with the Industrial Estate Authority of Thailand (IEAT). Designed with a Phase 1 receiving capacity of up to 8 MTPA, the terminal will support the import, storage, and regasification of LNG. Expected to commence operation in 2029, the project will strengthen Thailand’s energy infrastructure and enhance long-term energy security.
GULF imports LNG from global markets and supplies natural gas to support power generation to IPP and SPP power plants within the Group. With LNG import capacity of up to 7.8 million tons per annum (MTPA), the business reinforces GULF’s integrated energy platform while contributing to a secure and reliable energy supply for Thailand.
GULF invests in Thai Tank Terminal Co., Ltd. (TTT), the operator of Thailand’s largest public liquid products terminal at Map Ta Phut Industrial Estate, Rayong province under a 30-year PPP contract with IEAT. The facility provides storage and marine logistics infrastructure for the petrochemical and industrial sectors, with four jetties capable of berthing approximately 1,000 vessels per year and over 723,800 cubic meters of liquid storage capacity. The terminal plays a key role in supporting Thailand’s industrial ecosystem and future industry growth.