Thailand sets its sights on larger LNG share
Thai government looks to increase imports as gas reserves continue to slide
Thailand's newly elected coalition government, heading by former junta leader General Prayut Cham-o-cha, will look to significantly lift the proportion of natural gas in the country's energy mix, following the cabinet's approval of the amended Power Development Plan (PDP) at the end of April. Under the new PDP, the government aims to derive 53pc of the country's power from gas by 2037, an increase of 13 percentage points over the previous plan, 35pc from non-fossil fuels and 12pc from coal — reduced from 25pc in the previous plan. Efforts from the Thai authorities to build coal-fired power plants in southern Thailand have faced constant delays and domestic opposition. Greater LNG imports wil

Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure