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Thailand gas and LNG - 2016 long term regional outlook

Thailand gas and LNG - 2016 long term regional outlook

Report summary

Short term LNG demand is expected to grow at a slower rate than our H2 2015 forecast; but long term LNG demand remains robust with additional plans to build regas capacity. The Energy Ministry approved PTT's plans to build a new 5 mmtpa LNG regasification terminal in Rayong in May 2016. This is one of the government's set of measures to prevent future emergency gas shortages. Additionally, PTT may no longer be the sole LNG importer in Thailand as EGAT is expected to make its case to the government for importing LNG directly by mid-September 2016. EGAT hopes to build a 5 mmtpa FSRU at the upper part of the Gulf of Thailand.

What's included?

This report includes 2 file(s)

  • Thailand Gas Data.xls XLS - 1.01 MB
  • thailand gas markets long-term full report 2016.pdf PDF - 1.24 MB


Volatility in oil markets and the growth of unconventional gas supply have created a high degree of uncertainty about future gas demand and the direction of gas prices.

This Gas Markets Long Term Outlook report forecasts future pricing, based on deep analysis of gas supply and demand fundamentals. Additionally, it addresses complex questions on gas flows, identifies future opportunities and informs fuel purchasing strategies.

Participants and investors can use this long term outlook report to understand gas markets and assess the impact of global gas dynamics and key market drivers.

Wood Mackenzie provides detailed supply, demand and price forecasts based on our integrated upstream, power, coal and LNG research. Our regional gas experts are based in the markets they analyse, providing comprehensive analyses of regional and global gas markets.

If you want to understand complex gas market dynamics and plan for the future, Wood Mackenzie is the premier resource to help you gain a clear, competitive advantage.

  • Executive summary
    • Thailand gas market at a glance
    • Market Background
    • Key report themes
      • Short term LNG demand to grow at a slower rate than our H2 2015 forecast; but long term LNG demand remains robust with additional plans to build regas capacity
      • EGAT to make its case to the government for importing LNG directly by mid-September
      • Gas prices dived in 2015 but gas demand growth was unproportionate
    • Regional Dynamics
  • Economic outlook
  • Policy and regulation
    • Key stakeholders
      • Key offices
      • Ministries/Agencies
      • Key Thai companies
    • Energy Policy
      • Third Party Access
      • Fuel mix
      • Pricing
      • Environmental and Carbon Policy
      • Renewable Energy
    • Gas Market Regulation
  • Key companies
    • Upstream
    • Midstream/Downstream
      • PTT
      • EGAT
  • Supply
    • Gas supply overview
  • Infrastructure
    • Thailand gas pipelines and fields
      • Onshore Thailand gas pipelines and fields
    • Existing gas infrastructure
      • Key pipelines
      • Connecting pipelines
      • Import pipelines
    • Under development and proposed gas infrastructure
      • Current regasification development
      • Future regasification terminal development
  • Demand
    • Gas demand overview
    • Central and South Thailand gas demand
      • Power sector
      • Industry sector
      • Transport
      • Gas separation plants (GSP)
    • North and Northeast Thailand gas demand
      • Power sector
      • Non power sector
  • Supply-demand balances
    • LNG demand outlook
      • Short term LNG outlook
      • Medium & long term LNG outlook
      • Central and South Thailand gas balance
    • North and Northeast Thailand gas balance
  • Prices
    • Gas pricing overview
    • Gas price forecast
      • LNG price contracts
    • Upstream gas prices
    • Midstream gas prices
      • Pool price forecast
      • Power and gas separation plant
      • Other sectors

In this report there are 37 tables or charts, including:

  • Executive summary
    • Executive summary: Image 1
    • Wood Mackenzie modelled division of the Thai market
    • Thailand regional summary
  • Economic outlook
    • GDP Forecast - Thailand
  • Policy and regulation
    • Thailand’s energy policy and regulatory structure
    • Policy and regulation: Table 1
  • Key companies
    • Thailand gas market value chain
    • Thailand gas reserves holders*
    • PTT natural gas customer breakdown
    • PTT natural gas sales by quarter
    • EGAT power generation and purchases
    • EGAT power generation by type of power plant
  • Supply
    • Total potential gas supply available – Thailand*
    • Supply: Table 1
  • Infrastructure
    • Infrastructure: Image 1
    • Infrastructure: Image 2
  • Demand
    • Central and South Thailand total gas demand
    • Gas users in power sector
    • Gas users in industry sector
    • North and Northeast Thailand total gas demand
    • Gas users in power sector
    • Gas users in the industry sector
  • Supply-demand balances
    • Thailand LNG demand
    • LNG Seasonality
    • Local supply demand gap
    • Central and South Thailand balance
    • Gulf of Thailand gas pipeline
    • Myanmar-Thailand gas pipeline
    • Local supply demand gap
    • North and Northeast Thailand balance
  • Prices
    • Current gas pricing trends
    • Pricing price outlook to 2035
    • Domestic wellhead gas price in Thailand (2016)
    • Imported gas price (2016)
    • Imported LNG price into Thailand
    • PTT pool prices
    • Current gas price - delivered (2016)
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