Bangkok--Jan 18--PTT
Mr.Sarun Rungkasiri, Vice President of Corporate Public Relations Department, PTT Public Company Limited reports a National Oil Balance of January-November 2005 as follows:
1.Demand
In 2005, Thailand’s petroleum demand (exclusive of feedstock for petrochemical sector) increased by 2.5% from last year to 1,161,400 barrels per day (b/d).
1.1 Products
Consumption of refined oil products averaged 719,700 b/d, an increase of 0.8% over the previous year. Demand for diesel oil 338,800 b/d up 1.4%; gasoline 124,800 b/d down 5.5%; fuel oil 108,600 b/d up 2.6%; aviation fuel up 1.2% to 73,500 b/d; LPG up 6.8% to 73,600 b/d and kerosene decreased 8.2% to 400 b/d.
1.2 Natural Gas
Demand for natural gas grew by 5.5% to reach 441,700 b/d. Of the total, 182,300 b/d was used for power generation of EGAT, increased by 2.4%; 215,200 b/d was used by IPP (Independent Power Producers) and SPP (Small Power Producers) increased by 8% and gas demand for industries increased by 1.8% to 43,200 b/d; and demand on Natural Gas for Vehicles (NGV) increased by 80.4% to 1,000 b/d.
2.Procurement
On the supply side, petroleum procurement averaged 1,576,700 b/d, increased by 2.9%.
2.1 Overseas sources
Imported oil totaled 1,012,300 b/d, decreased by 0.2% from the same period of last year. Imported products were crude 824,700 b/d, decreased by 3.9%; natural gas from Myanmar 149,700 b/d, increased by 19.9%; and refined products 37,900 b/d, increased by 18.2%. Total import value from January to November 2005 was Bt668.397 billion.
As of November 2005, Thailand’s imported refined products were fuel oil 24,600 b/d, increased by 73.3%, and 13,300 b/d of diesel, increased by 0.9%. In January to November this year, there were no import of gasoline, kerosene, aviation fuel, and LPG. The total cost of imported refined products was Bt. 27.750 billion, up 82% from last year or equivalent to Bt. 12.577 billion.
Total crude imported from the Middle East was 660,200 b/d, decreased by 5%; from the Far East 93,100 b/d, decreased 20.5%; and from other sources 71,400 b/d, increased 55.8%. The total cost of crude oil bills was Bt. 582.922 billion, 38% higher from last year or equivalent to Bt.161.130 billion.
Meanwhile, the total cost of natural gas imported from Myanmar was Bt. 57.725 billion, an increased of Bt. 15.638 billion or equivalent to 37%.
2.2 Indigenous sources
Domestic sources provided 564,400 b/d of petroleum, up 9.2% from last year. Supplies of indigenous petroleum were 381,600 b/d of natural gas increased by 5.7%; crude 112,700 b/d, increased by 32.8% and condensate 70,100 b/d, decreased by 1.5%.
Corporate Public Relations Department
PTT Public Company Limited End.