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inflation and gas prices in Thailand


konaboy

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On 11/7/2022 at 5:53 PM, KhunBENQ said:

LNG is an important factor for Thai energy prices.

Thailand generates 60 % of its Electricity using LNG

This is the reason that the Electricity will rise by a massive amount in January ( not sure how much yet - some are saying between 30 and 60 % )

EGAT have subsidised the Gas prices thus far and are now looking to reclaim back some 120 Billion Baht from consumers of lost revenue.

Being so heavily reliant upon LNG is going to be a big headache for the Thai Export Market, and manufacturing also. for sure.

 

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