Bangkok--Nov 17--PTT
Mr.Pongpayak Sathienpakiranakorn, Vice President of Corporate Public Relations Department, PTT Public Company Limited reports a National Oil Balance of January-September 2005 as follows:
1.Demand
In 2005, Thailand’s petroleum demand (exclusive of feedstock for petrochemical sector) increased by 4.1% from last year to 1,170,100 barrels per day (b/d).
1.1 Products
Consumption of refined oil products averaged 727,700 b/d, an increase of 2.3% over the previous year. Demand for diesel oil 345,700 b/d up 5%; gasoline 126,000 b/d down 5.7%; fuel oil 109,600 b/d up 1.9%; aviation fuel up 1.1% to 73,200 b/d; LPG up 6.6% to 72,800 b/d and kerosene decreased 7.5% to 400 b/d.
1.2 Natural Gas
Demand for natural gas grew by 7.1% to reach 442,400 b/d. Of the total, 183,700 b/d was used for power generation of EGAT, increased by 4.7%; 215,000 b/d was used by IPP (Independent Power Producers) and SPP (Small Power Producers) increased by 10% and gas demand for industries increased by 1.8% to 42,700 b/d; and demand on Natural Gas for Vehicles (NGV) increased by 117.1% to 1,000 b/d.
2.Procurement
On the supply side, petroleum procurement averaged 1,516,900 b/d, decreased by 0.5%.
2.1 Overseas sources
Imported oil totaled 957,600 b/d, declined by 5.4% from the same period of last year. Imported products were crude 769,500 b/d, decreased by 9.4%; natural gas from Myanmar 149,800 b/d, increased by 22.5%; and refined products 38,300 b/d, decreased by 5.6%.
As of September 2005, Thailand’s imported refined products were fuel oil 22,300 b/d, increased by 28.8%, and 16,000 b/d of diesel, decreased by 5.6%. In January to September this year, there were no import of gasoline, kerosene, aviation fuel, and LPG. The total cost of imported refined products was Bt. 24.32 billion, up 63% from last year or equivalent to Bt. 9.42 billion.
Total crude imported from the Middle East was 609,500 b/d, decreased by 10.4%; from the Far East 89,500 b/d, decreased 28.6%; and from other sources 70,500 b/d, increased 62.9%. The total cost of crude oil bills was Bt. 476.475 billion, 47% higher from last year or equivalent to Bt.154.013 billion.
Meanwhile, the total cost of natural gas imported from Myanmar was approximately Bt. 45.48 billion, an increased of Bt. 12.067 billion or equivalent to 36%.
2.2 Indigenous sources
Domestic sources provided 559,300 b/d of petroleum, up 9.2% from last year. Supplies of indigenous petroleum were 381,200 b/d of natural gas increased by 6.7%; crude 109,800 b/d, increased by 30.6% and condensate 68,300 b/d, decreased by 3.9%. End.