New Market Study, "Thailand Oil & Gas Report Q2 2014", Has Been Published
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 long term and gas production to slightly increase or remain stagnant. Despite an uptake in exploration...
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