With oil and gas imports weighing on its trade balance, Indonesia is taking steps to reduce domestic demand for fuel and boost local refinery capacity. These moves come in the wake of the International Energy Agency (IEA) releasing a 2013 report projecting that energy demand in the South-east Asian country is set to nearly double over the next...
As Thailand's natural gas runs low and as oil imports increase, the country is aggressively promoting new sources of energy and encouraging the increased use of alternative fuels. Furthermore, over time, Thailand’s alternative energy goals have become more ambitious. The Renewable Energy Development Plan (REDP), released in 2009, called for 20%...
For many years Thailand has focused on increasing energy generation so that it could power its industrial growth and meet the energy needs of an increasingly prosperous society. Achieving this objective was a requirement in terms of sustaining economic growth and, so far, the country’s energy production has succeeded at keeping pace. Thailand...
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...
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