Thailand Energy

Thailand’s domestic hydrocarbons resources are fairly small. According to the June 2018 “BP Statistical Review of World Energy”, at the end of 2017 the country had 300m barrels of proven oil reserves – less than 0.05% of the world’s total – and about 7.1trn cu feet of natural gas, roughly 0.1% of the global total.

Over the years the government has introduced a wide range of plans, programmes and initiatives that outline goals and set targets for the power sector. These plans are continuously being reviewed and amended in response to shifting dynamics in the industry, such as advancements in renewable energy technology and the depletion of domestic...

With roughly 7.1trn cu feet of natural gas at the end of 2017, down from 10.6trn cu feet in 2007, according to the 2018 “BP Statistical Review of World Energy”, Thailand’s reserves of this critical resource are depleting. Thus, the country is working to diversify its power mix with both conventional and alternative sources.

For decades, the ongoing development of Thailand’s major oil and gas fields provided the country with a steadily increasing flow of energy. Strong demand, favourable geology and an attractive concession contracting system combined to create an environment that attracted considerable interest from major international oil companies, which in...

At the centre of Thailand’s economic growth, the energy sector is using progressively diverse means to meet the continually increasing demand for energy sources. The country’s growing industrial capacity, ongoing urbanisation and organic population growth are all contributing to rising domestic energy intensity – a trend that policymakers have...

The rise of Thailand’s industrial power base, along with ongoing urbanisation of the country’s population, has the government and power producers striving to stay a step ahead of consumers’ increasing appetite for electricity. Since 2002 electricity consumption has increased 55%, from 100,091 GWh to 182,847 GWh in 2016, according to data...