Promises chaos! The ERC sends a letter of claim for gas to PTT. 4,300 million, can reduce the cost of electricity production for the new installment

2023-05-01 04:51:00

Sources from the Ministry of Energy Revealed that the Energy Regulatory Commission or ERC has signed an order letter to the Energy Regulatory Commission. On the transmission of natural gas prices in the Gulf of Thailand In the event that the producer is unable to deliver natural gas according to the conditions in the natural gas purchase agreement

by specifying an order for PTT Public Company Limited to return the difference of 4,300 million baht to gas users because the price of gas That has been reduced from the case that producers lack natural gas delivery from October 2020 – December 2022, representing a decrease in value from the normal price, totaling regarding 4,300 million baht, which such amount will be used to reduce the price of gas If PTT does not agree with the order The ERC has given an opportunity to file an appeal. Explain the reason and come to the ERC within 30 days. It is expected that the said letter will be sent to PTT on May 2

“The ERC is of the opinion that from the data on gas pool price calculations of PTT is not in accordance with the announcement of the ERC. On Criteria for Determining Natural Gas Service Rates for Procurement Licensees and natural gas wholesalers in 2021 because the gas prices that have been reduced from the case of wholesale gas producers to calculate the average price of gas The ERC therefore has to rely on the Energy Industry Act to allow PTT, which is a natural gas procurement and wholesale licensee, to Take the gas price that has been reduced from the producer’s lack of delivery of gas, which has decreased from the normal price of 4,300 million baht, into the calculation of the gas pool price.”

As for when to calculate the price of gas, it depends on PTT. Appeal or not The difference of 4,300 million baht will be used to reduce gas prices. And pass to the electricity cost of the new installment Sep. – Dec. ’23 to the public.

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