Thai company to build $2bn LNG terminal as energy deficit looms

Gulf Development plans to open country's 3rd facility of its kind in 2029

20250728N LNG Terminal

The new LNG terminal will be built on reclaimed land at Thailand's Map Ta Phut Port. (Gulf Development)

KOKI IZUMI

BANGKOK -- Thai power provider Gulf Development looks to open an import terminal for liquefied natural gas in 2029 at a cost of up to 60 billion baht ($1.85 billion) as a solution to the country's dwindling native supply of natural gas.

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