Map Ta Phut LNG Terminal 3
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Gulf MTP LNG Terminal, also known as Map Ta Phut Industrial Port Development Project, Phase 3 or MTP3, is a liquefied natural gas (LNG) import terminal proposed in Thailand.[1] As of July 2024, there have been no updates in over two years, and the project is presumed to be shelved.
Location
The terminal is proposed to be located in Map Ta Phut, Thailand.
Project details
Phase I
- Owner: Gulf MPT LNG Terminal Company Limited[1]
- Parent company: Gulf Energy [70%], PTT [30%][2]
- Location: Map Ta Phut, Thailand[1]
- Coordinates: 12.6610311, 101.138036 (estimate)
- Capacity: 5.0 mtpa[1]
- Status: Shelved
- Type: Import[1]
- Cost: US$1.33 billion[2]
- Start Year: 2025[1]
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
Phase II
- Owner: Gulf MPT LNG Terminal Company Limited[1]
- Parent company: Gulf Energy [70%], PTT [30%][2]
- Location: Map Ta Phut, Thailand[1]
- Coordinates: 12.6610311, 101.138036 (estimate)
- Capacity: 5.8 mtpa[1]
- Status: Shelved
- Type: Import[1]
- Cost:
- Start Year:
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
Background
The project's PPP contract has been signed.[3]
In February 2022, Gulf Energy Development Plc was granted a license to import more gas into Thailand, which would apply to gas imported through the Gulf MTP LNG project.[4]
In April 2025, Thailand’s Gulf and PTT Tank Terminal announced via a stock exchange filing that it would be moving forward with developing the facility.[5] A June 2025 article reiterated that the project had been greenlit by the developers.[6]
In June 2025, Thailand’s Gulf and PTT Tank Terminal said that the facility was expected to begin construction in the fourth quarter of 2025 and to begin operations in the first quarter of 2029. The total cost of the terminal and associated facilities was reportedly not to exceed 60 billion baht, or US$1.83 billion, per a shareholder resolution.[7]
In July 2025, Posco E&C was awarded a construction contract for the facility.[8]
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 Thailand's Gulf Energy and PTT to build $1.33 billion LNG project with the government, Reuters, October 1, 2019
- ↑ 2.0 2.1 2.2 Reuters Staff, Thailand's Gulf Energy and PTT to build $1.33 billion LNG project with the government, Reuters, October 1, 2019
- ↑ phase of Map Ta Phut port sealed into PPP contract, Bangkok Post, January 29, 2021
- ↑ Bangkok Post Public Company Limited. "Gulf licensed to increase LNG imports". https://www.bangkokpost.com. Retrieved 2022-07-21.
{{cite news}}: External link in|work= - ↑ Staff, LNG Prime (2025-04-08). "Gulf moves forward with Thai LNG import terminal". LNG Prime. Retrieved 2025-08-13.
- ↑ Phromchanya, Phisanu. "Billionaire Sarath Ratanavadi's Gulf Development, Partner Greenlight $1.8 Billion LNG Project". Forbes. Retrieved 2025-08-13.
- ↑ Staff, LNG Prime (2025-06-24). "Gulf: Thailand's third LNG terminal to launch commercial ops in 2029". LNG Prime. Retrieved 2025-08-13.
- ↑ Staff, LNG Prime (2025-07-01). "Posco E&C secures contract for Thailand's third LNG terminal". LNG Prime. Retrieved 2025-08-13.
