Thailand gas prospects continue to increase

Journal Article · Wed May 01 04:00:00 EDT 1985 · Ocean Ind.; (United States)

OSTI ID:6001290

This article describes Thailand's gas surplus that is occurring after years of energy importation. Between 1975 and 1983, energy consumption increased by 76.8%. At the end of 1983, petroleum accounted for 64% of all energy consumed. Demand was met in part by awarding 96,500 sq. miles offshore for petroleum exploration. As a result, Union Oil Thailand is preparing to produce 500 MMcfgd by the end of the year. Thai officials question whether the country can absorb that much gas. Local demand is expected to rise to over 700 MMcfd by 1990. The way to the development of even more offshore gas was opened when Thailand and Malaysia ended a five year dispute and decided to develop an area claimed by both countries together. The disputed area is thought to contain 14 tcfg, about as much as has been found by Union Oil and Texas Pacific so far. The article discusses other companies that have joined the offshore search as well.

• OSTI ID: 6001290
• Journal Information: Ocean Ind.; (United States), Journal Name: Ocean Ind.; (United States) Vol. 20:5; ISSN OCIDA
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
030100* -- Natural Gas-- Reserves-- (-1989)
ASIA
DEVELOPING COUNTRIES
EXPLORATION
GEOLOGIC DEPOSITS
INDUSTRIAL PLANTS
MINERAL RESOURCES
NATURAL GAS DEPOSITS
NATURAL GAS PROCESSING PLANTS
OFFSHORE SITES
PRODUCTION
PUBLIC ENTERPRISES
RESOURCE DEVELOPMENT
RESOURCES
THAILAND