Oil & Gas in Thailand industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the Thailand oil & gas market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country.
The Thai oil & gas market had total revenues of $17.2bn in 2016, representing a compound annual rate of change (CARC) of -19.6% between 2012 and 2016.
Market consumption volume increased with a compound annual growth rate (CAGR) of 1.2% between 2012 and 2016, to reach a total of 766.6 million BOE in 2016.
Amec Foster Wheeler announced in August 2016 that they had been granted the contract to expand the Sriracha Refinery in Thailand by the Thai Oil Public Company Limited. This expansion would see Amec Foster Wheeler increasing the crude distillation capacity expansion of the plant from 275,000 barrels per stream day (bpsd) to 410,000 bpsd and Amec Foster Wheeler would also increase the efficiency of the plant to reduce energy consumption. Positive activity in the Thai sector coupled with a somewhat recovery in crude oil prices should result in the Thai oil and gas market recovering and growing in value overall in the forecast period.
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What was the size of the Thailand oil & gas market by value in 2016?
What will be the size of the Thailand oil & gas market in 2021?
What factors are affecting the strength of competition in the Thailand oil & gas market?
How has the market performed over the last five years?
What are the main segments that make up Thailand's oil & gas market?