Thailand plans to import more liquefied natural gas (LNG) from the United States over the next five years, Finance Minister Pichai Chunhavajira said on Wednesday ahead of a meeting with U.S. officials
Thailand plans to import more liquefied natural gas (LNG) from the United States over the next five years, Finance Minister Pichai Chunhavajira said on Wednesday ahead of a meeting with U.S. officials next week to discuss tariffs.
There is already an agreement to import 1 million metric tons of LNG worth $500 million next year as part of a 15-year plan starting in 2026 totalling 15 million tons, he said.
Thailand is planning an additional contract for more than 1 million tons of U.S. LNG worth about $600 million over the next five years, Pichai said.
Thailand is an LNG importer and wants to be a distributor in the region, so it will have to import more, he added.
The country also plans to import 400,000 tons of U.S. ethane worth $100 million over the next four years, Pichai said.
His remarks come ahead of talks between Thai and U.S. officials next week. Thailand is among Southeast Asian nations hardest hit by U.S. President Donald Trump's threatened export levies, with a 36% tariff.
Seeking to negotiate a better deal, the government has said it would increase imports of U.S. goods, such as corn, soybean meal, crude, ethane,
Content Original Link:
" target="_blank">
