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
| 22 Aug 25 |
Thailand: MedcoEnergi secures production period extension for Bualuang oil field in Thailand MedcoEnergi has received approval from the Government of Thailand for an extension of the production period for the Bualuang Oil Field (Block B8/38) in the Gulf of Thailand. The production period has been extended until October 23, 2035, allowing the Company to continue its operations and further strengthen its commitment to the region. |
| 10 Aug 25 |
Thailand: Chevron and BCPR announce collaboration on Block G2/65 In 2023, Chevron was awarded the production sharing contract (PSC) for Exploration Block G2/65 in the Gulf of Thailand by the Department of Mineral Fuels, Ministry of Energy. Chevron has transferred 30% of its rights and obligations under the PSC to BCPR, a Bangchak Group affiliate. |
| 30 Jul 25 |
Thailand: Sapura Energy awarded contracts in Thailand with a combined value exceeding RM500 million Sapura Energy and its subsidiaries have been awarded two contracts from long-term clients in Thailand, with a combined value exceeding RM500 million. |
| 28 Jul 25 |
Thailand: Valeura Energy to earn an interest in PTTEP's Blocks G1/65 and G3/65 in the offshore Gulf of Thailand Valeura Energy has entered into a Farm-in Agreement with PTT Exploration and Production (PTTEP), through its subsidiary, PTTEP Energy Development Company to earn a 40% interest in Blocks G1/65 and G3/65, in the offshore Gulf of Thailand. |
| 25 Jul 25 |
Thailand: Sapura Energy secures contracts worth more than RM500 million in Thailand Sapura Energy and its subsidiaries have won two contracts from its long-term clients in Thailand, with a combined value exceeding RM500 million. |
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
