Department of Energy – Exxon Company signed a 10-year natural gas license extension contract with Nam Phong to deliver 8 million cubic feet per day to EGAT to generate electricity in support of the Upper Northeastern region.
On March 10, 2021, the reporter became “Prachachat Business”The report says Deputy Prime Minister and Energy Minister. Mr. Supat Phong Mechaow has signed a concession extension agreement with ExxonMobil Exploration and Production Korat Inc. Vice President, Mr. Chatchawan Hongcharoenthai, to operate the Nam Phong natural gas production business in Khon Kaen Province. The concession period for ExxonMobil Exploration and Production Korat, Inc. will be extended for an additional 10 years from 2021-2031.
With the renewal of the concession, ExxonMobil Exploration and Production Korat, Inc. expects to deliver 8 trillion cubic feet of natural gas per day to the Electricity Generating Authority of Thailand. From Thailand It is part of the electricity generated by the Nam Phong Power Plant, which supplies over 1 million households in the upper northeast.
Dr. Adisak Jangkamonkulchai The President of ExxonMobil Group in Thailand said that the signing of this concession renewal agreement. This reflects our commitment to doing business in Thailand. As one of the leading natural gas drilling and production companies with decades of experience in the production of natural gas from onshore fields in northeast Thailand.
“We are excited to work with the Thai government to ensure energy supplies in line with the country’s economic needs and growth.”
Mr. Chatchawal said, “We would like to thank the Department of Energy for always supporting our operations. And reaffirm our commitment to expanding the country’s long-term energy supply. Along with working with the Thai government to continuously develop and energize the Thai population
ExxonMobil Exploration and Production Korat, Inc. is a subsidiary of ExxonMobil Corporation, one of the world’s largest privately held energy and petrochemical companies. That has been operating on the Nam Phong natural gas field since 1979
And started producing and supplying natural gas in 1990, this natural gas production concession is a joint investment by ExxonMobil Exploration and Production. Korat Inc. holds 80% and PTT Exploration and Production Public Company Limited 20%. Competent and well trained Energy and security for communities in the northeast with security and environmental friendliness.
