Commodity market report

Thailand gas markets long-term summary H1 2015

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Report summary

Thailand's gas market has been a huge beneficiary of low oil prices. This decline is beneficial for demand growth and we continue to see more gas demand for power generation, industrial use, transport and higher utilisation from the gas separation plants benefiting the petrochemical sector. This will balance Thailand's slower GDP growth forecast as exports continues to remain weak.

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Table of contents

    • A step towards liberalisation as third party access is granted for gas infrastructure
    • Piped gas supply is in terminal decline
    • More long-term LNG contracts needs to be signed

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