Bongkot-Erawan field natural gas production as planned

30 May 2023 (Thai News Agency) Energy Minister reveals the Bongkot-Erawan field. natural gas production as planned As for helping to reduce the cost of electricity or not. The ERC is in the process of discussing Ready to consider signing a long-term gas purchase contract after world market prices began to weaken

Mr. Supattanapong Phanmeechaow, Deputy Prime Minister and Minister of Energy Revealing the progress of transitioning to natural gas production from the Bongkot-Erawan field According to the conditions of the new concession contract on the basis of production sharing that the latest natural gas production can be carried out as planned. It is expected that this July It can produce natural gas at 400 million cubic feet/day this December, 600 million cubic feet/day. And in April 2024, production will be increased to 800 million cubic feet / day.

As for being able to produce natural gas as planned Will help reduce the cost of electricity or not? Now the relevant agencies Both the Energy Regulatory Commission (ERC), PTT and EGAT are accelerating discussions together. Because now natural gas prices in the world market began to weaken. which must be considered whether or not to sign a long-term purchase contract

The Minister of Energy also stated that Currently, Thailand has a very high increase in electricity consumption. It may be due to the weather or global warming. By the latest, the highest electricity consumption from being in the middle of the day has changed to night

As for the Ministry of Finance preparing to cancel the extension of excise tax reduction on diesel fuel by 5 baht per liter in July this year, the Ministry of Energy will have to discuss with the Ministry of Finance. By considering the trend of oil prices whether it is necessary to extend the reduction of diesel fuel or not. If it is necessary, it may ask for permission from the Election Commission of Thailand (ECT), but this is not yet the time.

for the upcoming new government believe that every party has a good understanding of energy which the current government is trying its best not to create a burden on the new government As for the policy to reduce the cost of electricity to 70 satang per unit of the far-flung party who is now the leader of the establishment of the government can be done or not depending on how that party will have to think of a way The cost of calculating electricity bills There is already a clear schedule by the ERC as a regulatory agency. Ready to provide information.