Central & SE Asia / Australasia
Country profile: Thailand
| Location: | 514,000 |
| Climate: | tropical; rainy, warm, cloudy southwest monsoon (mid-May to September); dry, cool northeast monsoon (November to mid-March); southern isthmus always hot and humid |
| Terrain: | central plain; Khorat Plateau in the east; mountains elsewhere |
| Size: | 514000 sq. km total (Land area: 511770 sq. km Water area: 2230 sq.km) |
| Population: | 65,493,298 |
| Languages: | Thai, English (secondary language of the elite), ethnic and regional dialects |
| Government: | constitutional monarchy |
| Capital city: | Bangkok |
| Legal system: | based on civil law system, with influences of common law; has not accepted compulsory ICJ jurisdiction |
| Currency: | baht (THB) |
| Licensing: |
Country profile
Thailand has limited domestic oil production and reserves, and 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. In September 2006, a military coup overthrew the government of Prime Minister Thaksin Shinawatra. The change in leadership did not have any immediate impact on oil or natural gas production.
During 2006, Thailand’s real gross domestic product (GDP) grew by an estimated 5.0 percent, right on trend with average 5-year growth levels.
Energy production and consumption
| Oil | Gas | |
| Production: | 310,900 bbl/day (2005 est.) | 22 billion cu m (2005 est.) |
| Consumption: | 929,000 bbl/day (2005 est.) | 31 billion cu m (2005 est.) |
| Exports: | 225,700 bbl/day (2005 est.) | |
| Imports: | 893,400 bbl/day (2005 est.) | 8 billion cu m (2005 est.) |
| Reserves: | 291 million bbl (1 January 2006 est.) | 400 billion cu m (2005 est.) |
| Major fields: |
Thailand - recent news
| 08 Oct 26 |
Thailand: Dialog Group's 50.01% indirect owned JV company, Pan Orient Energy (Siam), has been awarded operatorship for the L8/66 exploration block DIALOG has announced that its 50.01% indirect owned joint venture company, Pan Orient Energy (Siam) Ltd. ('POES'), has been awarded the concession rights and operatorship for the L8/66 exploration block onshore Thailand |
| 22 Sep 26 |
Thailand: PTTEP moves forward with Bussabong gas field to support Thailand’s future energy demand PTTEP has announced the Final Investment Decision (FID) for the Bussabong gas field in the G3/65 Project, with first natural gas production targeted for 2028 to support Thailand’s growing energy demand. |
| 16 Sep 26 |
Thailand: Valeura Energy announces 'Suraphi' exploration discovery near its Manora oil field Valeura Energy has announced an exploration discovery near its Manora oil field and completion of a successful development and appraisal drilling campaign on its Jasmine field, in the Gulf of Thailand. |
| 15 Sep 26 |
Thailand: Valeura Energy receives approval of strategic farm-in agreement with PTTEP Valeura Energy has announced that Thailand has granted executive approval for the transfer of interest from PTTEP Energy Development Company Limited, a subsidiary of PTT Exploration and Production Public Company Limited ('PTTEP') to Valeura, in connection with its strategic farm-in agreement to Blocks G1/65 and G3/65 in the offshore Gulf of Thailand. |
| 01 Sep 26 |
Thailand: Valeura Energy to accelerate Wassana field redevelopment offshore Thailand Valeura Energy has announced that it intends to accelerate its Wassana field redevelopment project on block G10/48 (100% operated interest) in the offshore Gulf of Thailand. In 2025, Valeura took a final investment decision to redevelop its Wassana field by deploying a new-build CPP (central processing platform) with the objective of commercialising more oil volumes than would be possible with the existing production facility. |
Thailand - more news
Other countries in this region
- Australia,
- Bangladesh,
- Brunei,
- Cambodia,
- China,
- Fiji,
- Hong Kong,
- India,
- Indonesia,
- Japan,
- Laos,
- Malaysia,
- Maldives,
- Mongolia,
- Myanmar,
- Nepal,
- New Zealand,
- North Korea,
- Pakistan,
- Palau,
- Papua New Guinea,
- Philippines,
- Singapore,
- South Korea,
- Sri Lanka,
- Taiwan,
- Timor Leste,
- Vietnam
