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
| 27 Aug 24 |
Thailand: Valeura Energy announces ramp-up of oil production at its Nong Yao C development offshore Gulf of Thailand Valeura Energy has announced the successful ramp-up of oil production at its Nong Yao C development, in Licence G11/48 , offshore Gulf of Thailand. The greater Nong Yao complex is now operating at its full processing capacity. |
| 15 Aug 24 |
Thailand: Valeura Energy announces Nong Yao C first oil Valeura Energy has announced first oil production from its Nong Yao C development, in Licence G11/48 (90% operated working interest), offshore Gulf of Thailand. |
| 05 Aug 24 |
Thailand: Valeura Energy announces planned Wassana production restart Valeura Energy announced August 2 the planned restart of production operations at the Wassana field, offshore Gulf of Thailand. Valeura implemented a precautionary suspension of oil production on June 28, 2024 to ensure a safe situation while inspecting an anomaly identified on one of the steel jack-up legs of the field’s mobile offshore production unit ('MOPU'). |
| 16 Jul 24 |
Thailand: PTTEP develops Ocean Data Platform to support marine conservation in the Gulf of Thailand PTT Exploration and Production (PTTEP) has developed the marine science data platform called PTTEP Ocean Data Platform to collect marine science data. |
| 28 Jun 24 |
Thailand: Valeura Energy announces precautionary suspension of Wassana production Valeura Energy has announced the suspension of production at its 100% owned Wassana field, offshore Gulf of Thailand, following the identification of a crack was within one of the mobile production units steel jack-up legs. |
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
