"Thailand Oil & Gas Report Q2 2015" is now available at Fast Market Research
New Energy research report from Business Monitor International is now available from Fast Market Research
[USPRwire, Sat Mar 07 2015] Thailand is expected to remain driven by a strong oil and gas demand far outweighing the domestic production over our forecast period to 2024. With declining oil and gas reserves, we expect long-term oil and gas production trends to remain stagnant or negative, despite a slight increase in short to medium term. However, the 21st licensing round, scheduled for early 2015, poses an upside risk to our current reserves and production forecast.
The main trends and developments we highlight in the Thai oil and gas sector are:
* In early February 2015, Canada-based Pan Orient Energy completed the sale of a 50% equity interest in its subsidiary Pan Orient Energy (Siam) to a wholly owned subsidiary of Thailand-based Sea Oil Public Company. Siam holds Pan Orient's 100% stake in the concession L53/48 in Thailand.
* As part of its energy price reforms, Thailand's government has further increased prices of compressed natural gas (NGV). The move is likely to considerably reduce the government's LPG subsidy burden. The NGV price has been increased by THB0.50/kg (USD0.015/kg) to THB13/kg (USD0.39/kg) for private transport operators and by the same amount to THB10/kg (USD0.31/kg) for public transport operators.
* In January 2015, Thai Energy Minister Narongchai Akrasanee said that the government will continue with the 21st...
The Thailand Oil & Gas Report has been researched at source and features Business Monitor International (BMI)'s independent forecasts for Thailand including major indicators for oil, gas and LNG, covering all major indicators including reserves, production, consumption, refining capacity, prices, export volumes and values. The report includes full analysis of industry trends and prospects, national and multinational companies and changes in the regulatory environment.
BMI's Thailand Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Thai oil and gas industry.
Key Benefits
* Benchmark BMI's independent oil and gas industry forecasts for Thailand to test consensus views - a key input for successful budgeting and strategic business planning in the Thai oil and gas market.
* Target business opportunities and risks in the Thai oil and gas sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Thailand.
* Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.
Coverage
BMI Industry View
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