thailand • gas supply An 18 month delay to the Ratchaburi plant, which only began generating last December, has sparked a row between the Electricity Generating Authority of Thailand (EGAT) and Thailand’s state oil company.
According to a report in the Bangkok Post, the row flared over gas supplied under take-or-pay contracts. EGAT rejected an attempt by the Petroleum Authority of Thailand (PTT) to make it share the huge cost arising from PTT’s agreement with a European energy group led by TotalFinaElf.
The Post said that PTT paid the group $50 million in the first year of the contract, but was due to pay $280 million for the second year’s supply, representing the full contractual volume of gas. Ratchaburi’s consumption is far short of the volume it committed to take this year.
Work on installing additional generators at Ratchaburi is underway and when fully completed it will have a combined capacity of 3200 MWe.
