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
| 09 Mar 26 |
Thailand clarifies fuel security measures Valeura Energy acknowledges decrees pertaining to Thailand’s new fuel security measures, as signed by Thailand’s Prime Minister and published in the Royal Thai Government Gazette on 06 March 2026. The decrees restrict immediately, exports of four major refined fuel categories, being gasoline/gasohol, diesel, jet A1 fuel, and liquified petroleum gas. The decrees do not impose restrictions on exporting crude oil. |
| 09 Mar 26 |
Thailand: Manora drilling exceeds management’s expectations Valeura Energy has announced completion of a successful infill drilling campaign at its Gulf of Thailand Manora field (Block G1/48, 70% operated working interest). |
| 03 Mar 26 |
Thailand to prioritise domestic energy supply Valeura Energy acknowledges that Thailand’s Ministry of Energy has, by way of a press release, requested that domestic oil producers cooperate in supporting national energy security in Thailand, in light of disruptions to the normal supply of oil from the Middle East region. This request includes postponing any planned downtime of oil production facilities and temporarily suspending crude oil exports. |
| 10 Feb 26 |
Valeura Energy reports record high 2P reserves and an increase in its 2P reserves life index Valeura Energy has announced record high proved plus probable ('2P') reserves, an increase in its 2P reserves life index ('RLI') and a third consecutive year of approximately 200% 2P reserves replacement ratio. |
| 19 Jan 26 |
Samos Energy Group to acquire the Suksan Salamander FSO from Altera Infrastructure Samos Energy, the global energy investor, is pleased to announce the execution of a Ship Sale Agreement for the acquisition of the Suksan Salamander Floating Storage and Offloading (FSO) unit from Altera Infrastructure Group (“Altera'). The Suksan Salamander FSO is currently deployed on the Bualuang oil field offshore Thailand, operated by Medco Energi 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
