"Thailand Oil & Gas Report Q4 2014" Published
Thailand remains driven by a strong oil and gas demand which far outweigh s domestic production. With declining oil and gas reserves and with several delays already affecting the planned 21st licensing round, we expect long-term oil and gas production trends to remain one of stagnation or decline, despite an slight increase in the medium-term. With no scope for the country to become self sufficient, it will be critical to develop the necessary gas import infrastructure to avoid gas shortfalls.
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