Powering life with Future Energy and Beyond
Natural Gas Price Structure: As of Mar 2022
Gas prices are mostly agreed under long term contracts and volatility pass-through to ensure stable returns
ptt
Customers
Power Producers 60%
: EGAT
18%
: IPP
13%
: SPP
29%
Gas Pool Price
Average Purchased Gas Price
Sales Price Structure
Supply Margins
+
Pipeline Tariffs
1.75% *
1.75% *
9.33% *
* EGAT IPP and SPP Supply Margins not more than 2.1525 and 11.4759 bt/mmbtu respectively
GSP
19%
Petrochemicals Feedstocks
Ethane, Propane, LPG
NGL
Local Cooking Gas
Export Cooking Gas
Industry
NGV
18%
3%
.
Charged at the same price structure of power producers
Profit-sharing mechanism based on market prices of petrochemicals
Reference to Naphtha market price
At GSPs cost (adjusted every 3 months)
Reference to a bi-weekly average of Platt's FOB Arub Gulf price
Charged at prices comparable to fuel oil
Charged at Avg. gas cost + Operating cost (3.892 bt/kg) for both Public & Private vehicles
NGV's selling price reflects the natural gas cost and operating cost* (including gas quality adjustment)
* The allowed operating cost is still regulated and not fully cover PTT's operating cost
**A cap of NGV price at 13.62 baht/kg from 1 Nov 21 for taxi and 15.59 baht/kg for private and other vehicles from 16 Nov 21 until 15 Jun 22
Public transportation vehicles: regulated and capped to minimize the impact from the rising global crude prices on end-users
Since 16 May 2018: Allowance to adjust NGV public price from 10.62 Baht/Kg. to 13.62 Baht/Kg. by every 4 month (16 May 19, 16 Sep 19 and 16 Jan 20)
Since 1 Jan 2021 : Use the same pricing as private vehicles
Private vehicles: reflect the natural gas cost, gas quality adjustment and operating cost (not fully cover PTT's operating cost)
Since 16 Jul 2016: The retail price is set to reflect the natural gas cost but operating cost is still regulated
Since 5 Sep 2017 : Allowance to adjusted +0.46 Baht/Kg. to 3.8920 Baht/Kg. for gas quality improvement cost
21.7 Bt/MMBtu
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