What is PTT's LNG trading volume target by 2035, and how does it compare to its current level?

PTT aims to increase its annual liquefied natural gas (LNG) trading volume from the current 2 million tonnes to 15 million tonnes by 2035. This represents a seven-and-a-half-fold expansion over the next decade and a half, with an intermediate target of 10 million tonnes by 2030.

Why is PTT expanding its LNG trading capacity, according to the announcement?

PTT is expanding its LNG trading capacity to enhance national energy security and support Thailand’s transition to a low-carbon society, particularly amid rising global geopolitical risks. The move also responds to declining domestic natural gas reserves in the Gulf of Thailand — which have historically supplied most of Thailand’s electricity — and the rapidly growing reliance on LNG imports, whose share of total supply surged from 2% in 2011 to 29% in 2024.

PTT Announces Expansion Strategy for Natural Gas Trading

May 15, 2026

PTT plans to boost LNG trading volume from 2 million to 15 million tons by 2035 to secure energy supply as domestic reserves decline and imports rise.

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