The hydrocarbons industry is a key contributor to the economy, accounting for around 22% of GDP in 2012 as well as some 75% of government revenues. Efforts to boost production are expected to see output reach 100,000 barrels per day by 2020. The government has pledged to invest $15bn in the hydrocarbons sector over the next 30 years, with energy diversification and a growing focus on solar and...
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Las mejoras en infraestructura de transporte de hidrocarburos - incluyendo entre estas el oleoducto que será inaugurado durante los próximos meses - respaldarán los esfuerzos que Colombia viene realizando por satisfacer la creciente demanda de crudo, aprovechando al máximo los nuevos y prometedores hallazgos.
The launch of the first phase of operations at the Bui dam hydroelectric project in May marked a key step forward for meeting Ghana’s rising demand for electricity.
Articles & Analysis | Untapped potential: There are many hydrocarbons reserves waiting to be exploited from The Report: Thailand 2012
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...
Articles & Analysis | Supply and demand: A variety of activities are being carried out to keep up with the increasing need for energy from The Report: Thailand 2012
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...
Articles & Analysis | Returning to growth: Power consumption rates are expected to pick up again from The Report: Thailand 2012
The breakneck pace of electricity consumption growth took an uncharacteristic hiatus in 2011 following a decade of strong year-on-year expansion. Total national electricity consumption in 2011 dipped to 148.91 TWh, from 149.30 TWh the previous year, but it was still well above the 2009 level of 135.18 TWh, according to Energy Policy and Planning...