According to a statement by BBGI, the biofuel firm signed a memorandum of understanding on November 11 with engineering firm CleanEdge Resources and Keppel’s infrastructure division.
BBGI said this initiative marks a “significant milestone” in advancing renewable energy from bio-based fuels across Southeast Asia.
The three partners aim to develop the bio-LNG project and expand production capacity in Thailand over the next three to five years.
BBGI said the bio-LNG project is expected to have a production capacity of about 130 tons per day.
The partners plan to launch commercial operations by 2027.
BBGI did not provide further information regarding the project.
Thailand currently imports LNG via two import terminals operated by state-owned PTT.
These terminals include the first Map Ta Put LNG terminal (LMPT 1) with a capacity of 11.5 mtpa and the second Map Ta Phut LMPT2 LNG terminal, also known as the Nong Fab LNG terminal, with a capacity of 7.5 mtpa.
Last year, Saipem and its partner CTCI completed PTT’s second import plant in Thailand.
The new LNG terminal in Thailand helps to support the country’s growing energy demand.
