March 5, 2018
Since it is one of our goal to develop a “Better Future”, IBC Group has proudly introduce our subsidiary Company, IBC LNG Co., Ltd. (IBCLNG), a first Liquefied Natural Gas (LNG) Distributor in Thailand.
“Mr. Wuttikorn Stithit, PTT Public Co., Ltd.’s Executive Vice President for Natural Gas Supply & Marketing and Mr. Teerapan Ranwes, IBCI’s Managing Director together signed LNG trading contract agreement at Novotel, Bangkok, Thailand on 5th March, 2018”.
LNG technology is a major step forward towards a sustainable future. In its liquefied form, the volume of the gas is reduced by 600 times which lowers transportation costs. It has an incredible potential within industry in terms of lower cost and environmental impact since it contains fewer carbon atoms per unit of energy when compared to oil and coal, hence reducing carbon dioxide emission, heavy metals, sulfur nitrogen oxides, dust and soot.