Thailand's offshore results encourage gas development
Thailand, whose efforts to relieve its dependence on costly imported oil by exploring the Gulf of Thailand and Andaman Sea have been hampered by political unrest, is using a new approach of granting blocks of exploration concessions to several international companies. Early strikes indicate a potential supply of high-grade, low-sulfur oil and natural gas condensates. Development is underway by Weeks, Oceanic Exploration, Union Oil, and Esso in the Andaman Sea; Amoco, BP, Tenneco, Sun, Union Oil, Conoco, and Triton in the Gulf of Thailand. Centrally located Singapore is now providing much of the drilling supplies, but Thailand is setting up its own oil-support industry to provide oil well cement, Barite (mud lubricant) and logistical services. Delays in commercial development of the natural gas fields are due to negotiations over foreign investment, prices, customer assurance, and regulatory procedures. The Thai government plans to build a pipeline to connect the gas fields with Bangkok. (DCK)
- OSTI ID:
- 7108176
- Journal Information:
- Energy Int.; (United States), Journal Name: Energy Int.; (United States) Vol. 14:3; ISSN ENEIB
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
020300 -- Petroleum-- Drilling & Production
03 NATURAL GAS
030300 -- Natural Gas-- Drilling
Production
& Processing
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
AGREEMENTS
ALLOCATIONS
ASIA
CHARGES
DRILLING
ECONOMIC DEVELOPMENT
ENERGY SOURCES
EXPLORATION
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GOVERNMENT POLICIES
INDUSTRY
INTERNATIONAL AGREEMENTS
INTERNATIONAL COOPERATION
INVESTMENT
MARKET
NATURAL GAS
OFFSHORE DRILLING
OFFSHORE SITES
PETROLEUM
PIPELINES
REGULATIONS
THAILAND
TRADE