Thailand Oil And Gas News
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Introduction
- Oil is major source of energy supply in Thailand of which almost 90% is imported.
- With limited domestic oil production and reserves, imports make up a significant portion of the country's oil consumption.
- Thailand holds large proven reserves of natural gas and natural gas production has increased substantially over the last few years. However, the country still remains dependent on imports of natural gas to meet growing domestic demand for the fuel since it is the second largest consumer in Southeast Asia.
- Thailand's current natural gas proved and probable (2P) reserves stand at about 21 trillion cubic feet while the proved, probable and possible (3P) reserves amount to 30 trillion cubic feet. IN 2008, Thailand consumed about 3,610 MMSCFD.
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page revision: 5, last edited: 27 Apr 2012 13:47