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 Dec 25 |
Thailand: PTTEP sets a 5-year investment budget of USD 33,279 million to strengthen Thailand’s energy security and support its overseas growth PTTEP announced its 2026 investment plan with a total budget of USD 7,726 million with a target of an 8% growth in sale volume, focusing on enhancing Thailand’s energy security, strengthening and expanding investments in E&P business internationally as well as accelerating ongoing development projects to commence production as planned. |
| 05 Dec 25 |
Thailand: Eni signs a long-term LNG sale agreement with Thai Gulf Development Company, further enhancing its global marketing footprint Eni has entered into a long-term LNG sales agreement with Thailand’s Gulf Development Company that reinforces the company’s strategy to grow a diversified global portfolio and secure stable, multi-year relationships in key international markets. |
| 09 Nov 25 |
Thailand: TIS Energy completes strategic acquisition of interest in Thailand’s Manora oil field TIS Energy has announced the successful completion of its acquisition of Avenir Energy’s shares in Avenir Energy Pty Ltd, which holds a participating interest in the Manora Oil Field, located in the Gulf of Thailand. The Manora Oil Field, situated within Block G1/48, lies approx. 80 kms offshore Prachuap Khiri Khan province. |
| 26 Oct 25 |
Thailand: Mitsui to participate in PTTEP's CCS project at the Arthit gas field in the Gulf of Thailand Mitsui & Co has joined a Carbon Capture and Storage (CCS) project at the Arthit gas field in the Gulf of Thailand, operated by Thailand's PTT Exploration and Production ('PTTEP'), through its wholly owned subsidiary, Mitsui Energy Development Co. ('MOECO'). |
| 10 Oct 25 |
Valeura Energy announces Q3 2025 operations and financial update Valeura Energy has provided an update on Q3 2025 operations, including the results of a ten-well drilling campaign at its Nong Yao field on block G11/48 (90% operated working interest), offshore Gulf of Thailand. |
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
