Wednesday, 20 November 2013

Thailand Oil and Gas Report Q1 2014

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Thailand Oil and Gas Report Q1 2014
Nov 20th 2013, 00:00

Price: $ 1295  

BMI View: Thailand remains driven by a strong demand growth for both oil and gas which far outweigh domestic production. With no scope for the country to become self sufficient, it will be critical to develop the necessary import infrastructures and to maximise the country's below ground potential. With several delays already affecting the planned 21st licensing round, we expect oil production to decline over the longterm, and gas production to remain stagnant. Despite an uptake in exploration activities throughout H113- H313, an offshore pipeline oil spill which occurred in late July creates large risks of opposition to offshore exploration by a population already concerned by the risks it creates for the country's tourism industry. The main trends and developments we highlight in the Thai oil an ...

Complete report details with Table of Contents and more @

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