Ratthaphol Cheunsomchit, deputy chief executive of Gulf, said the firm had submitted its plan to the Vietnamese government for future development of a gas-fired power plant with an initial capacity of 6,000MW.

It plans to import liquefied natural gas (LNG) as fuel for the project in Vietnam, he said.

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Meanwhile, for Laos, Gulf wants to join hands with a Chinese company to build a hydropower plant and distribute electricity to the state-run Electricity Generating Authority of Thailand. This project is set to have a capacity of 2,500MW, of which Gulf plans to have a 30-35 percent stake.

Ratthaphol said the final decision on the two plants will be made in 2020, adding that the gas-fired power plant in Vietnam is part of the firm’s plan to become an LNG shipper in Southeast Asia because of rising gas demand.

Source: VNA