Centrica And PTT Sign Heads Of Agreement For Long-Term LNG Supply
The title of this post, is the same as that as this press release from Centrica.
These two paragraphs add details to the deal.
Under the agreement, PTT will supply LNG to Centrica for a 10-year period across a range of destinations in Asia, with deliveries expected to begin in 2028.
This agreement marks a significant step forward in Centrica’s strategic efforts to grow its LNG portfolio. The agreement provides access to diverse markets in Asia, whilst deepening Centrica’s relationship with PTT, an important partner in Asia. For PTT, this deal represents its first, long-term, international LNG sale.
I wonder if this is a much wider deal than it first appears.
There are a lot of small nations in Asia and it looks as the press release talks about a range of destinations in Asia, that Centrica are setting themselves up as a major supplier of LNG to the smaller nations in Asia.
Centrica are also building up a portfolio of products, that they could offer to these small nations.
- LNG terminals from their own engineering resources.
- Domestic client management software.
- Hydrogen production from HiiROC, which they have backed.
- Carbon black for soil improvement from HiiROC.
- Liquid Air energy storage from Highview Power, which they have backed.
- Gas-fired power stations perhaps based on Rolls-Royce mtu diesel engines running on natural gas or hydrogen.
Countries could get these products and services from China, but at what price?
US Man Faces Jail In Thailand Over Hotel Review
The title of this post, is the same as that of this article on the BBC.
I suggest that before you visit Thailand, you read the article.
After reading, the article, I moved Thailand onto my never visit list, alongside Iran and North Korea.
How can a country have such a stupid legal system?
It’s all rather strange really, as I’ve had nothing but kindness and courtesy from all the Thais I have met.
The Anonymous Widower 