DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/e283b2/thailand_oil_and_g) has announced the addition of the "Thailand Oil and Gas Report Q4 2011" report to their offering.
Business Monitor International's Thailand Oil and Gas Report provides industry professionals and strategists, corporate analysts, oil and gas associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Thailand's oil and gas industry.
This latest BMI Thailand Oil & Gas Report forecasts that the country will account for 3.60% of Asia Pacific regional oil demand by 2015, while providing 3.46% of supply. Regional oil use of 26.07mn barrels per day (b/d) in 2010 is forecast to rise to around 30.22mn b/d by 2015. Regional oil production was around 7.92mn b/d 2010. It is set to decrease to 7.88mn b/d by 2015. Oil imports are growing rapidly, because demand growth is outstripping the pace of supply expansion. In 2010, the region was importing an average 18.15mn b/d.
This total rises to an estimated 22.34mn b/d in 2015. The principal importers will be China, Japan, India and South Korea. By 2015 the only net exporter will be Malaysia. In terms of natural gas, in 2010 the region consumed around 513.3bn cubic metres (bcm) and demand of 664.9bcm is targeted for 2015. Production of 406.0bcm in 2010 should reach 556.7bcm in 2015, implying net imports falling from around 112.3bcm to 111.8bcm. Thailand's share of gas consumption in 2015 is put at 7.54%, while its share of production is estimated at 5.93%.
Companies Mentioned:
- PTT
- PTT Exploration and Production (PTTEP)
- Chevron
- Esso (Thailand) Plc
- Thai Shell Co Ltd
- Salamander Energy
- Total
- Hess
- Star Petroleum
- BG Group
- Pan Orient Energy
- Coastal Energy
- Carnarvon Petroleum
For more information visit http://www.researchandmarkets.com/research/e283b2/thailand_oil_and_g