Applications for licences under TPA being processed

Darn it, I missed the boat.

Dateline 2018-02-04, The Sun Daily:

The Energy Commission (EC) has processed two liquefied natural gas (LNG) import licences and three shipping licences under the third party access (TPA) system which comes into effect on Jan 16, 2018.

Director of Gas Development and Regulation Roslee Esman said another firmed application for both LNG import and shipping licences was expected to be submitted in the third quarter.

Meanwhile, the TPA for natural gas is a system that makes it possible for third parties to access gas facilities that they do not own or operate.

Roslee said the Gas Supply Act (Amendment) 2016 and the introduction of the TPA provided more opportunities for industry players to participate.

“The EC encourages more suppliers (LNG import and shipping licensees) to apply for the licence but the market can be considered as being competitive once two or more shipping licensees participate in the market,” he told Bernama.

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