Egco plans to start importing LNG to help manage costs published : 23 Jul 2021 at 04:00 Egco plans to start its LNG shipping business by the end of this year. SET-listed Electricity Generating (Egco), a subsidiary of state-run Electricity Generating Authority of Thailand (Egat), plans to start importing liquefied natural gas (LNG) by the end of this year to better manage its fuel costs and seek more business opportunities. The move follows approval granted last month by the Energy Regulatory Commission (ERC), which allowed seven companies to enter the LNG shipping business, previously monopolised by national oil and gas conglomerate PTT Plc. "Adding LNG shipping will help our core power generation business with fuel cost management. It will also lead to new investment opportunities in the supply chain of the fuel business," said Thepparat Theppitak, president of Egco.