Over the last decade, oil prices have risen substantially and, in response, the Thai government has been employing a number of policies and initiatives to promote the switch amongst car owners from gasoline to natural gas powered vehicles (NGVs). The motivation behind this shift has been twofold. Firstly, with around 70% of the country’s...
Thai energy companies – utilities and oil companies alike – have been making significant and aggressive moves outside of Thailand’s borders. This activity has been driven by a number of reasons, the simplest being that it is becoming increasing difficult to work at home. Companies are facing growing environmental restrictions and activism, and...
Following severe flooding in 2011, the Thai government created an action plan to prevent a water disaster of that scale from occurring again. The authorities budgeted $3.9bn for mitigation efforts, which included new floodways and flood diversion channels. Furthermore, a $2bn programme was initiated to transform farmland north of the capital...
In 2013, Thailand went from a country increasingly wary of coal to one actively pursing it for power generation. Late in the year, the Energy Policy and Planning Office said that it would be updating its Power Development Plan (PDP), and that coal would play a larger role in the country's energy future than was outlined in the previous version...
With no new exploration concession issued since the 20th petroleum concession round ended in 2008, exploration and production firms are primed for new opportunities. The last round of bidding, which took place from May 2007-May 2008, offered up 65 exploration blocks (56 onshore and nine offshore). The government received 74 applications for 52 of...
Feeding its expanding domestic industrial complex is an ongoing task for Thailand’s energy sector as domestic power demand and consumption continue to outpace supply. This is fuelling a rise in local energy production as the country tries to reduce its dependence on foreign energy supplies. From upstream production and downstream refining to...
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