Central & SE Asia / Australasia

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Summary | Profile

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

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.
12 Jun 24
Thailand: Valeura Energy announces completion of Nong Yao FSO acquisition
Valeura Energy has announced the completion of its acquisition of the Floating Storage and Offloading ('FSO') vessel Aurora, on location at its Nong Yao field, offshore Gulf of Thailand.
28 May 24
Thailand: Valeura Energy announces Nong Yao development drilling update
Valeura Energy has announced the successful completion of an infill drilling campaign at Nong Yao A and the start of development drilling on the Nong Yao C extension, both part of the Nong Yao oil field, offshore Gulf of Thailand.
09 May 24
James Fisher completes its largest decommissioning project to date
James Fisher has completed critical decommissioning operations offshore in the Gulf of Thailand as part of a major offshore operator’s wider asset end-of-life campaign.

Thailand - more news

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