Bangkok--Feb 20--PTT
Mr.Sarun Rungkasiri, Vice President of Corporate Public Relations Department, PTT Public Company Limited reports a National Oil Balance of January-December 2005 as follows:
1.Demand
In 2005, Thailand’s petroleum demand (exclusive of feedstock for petrochemical sector) increased by 2.1% from last year to 1,157,000 barrels per day (b/d).
1.1 Products
Consumption of refined oil products averaged 719,100 b/d, an increase of 0.4% over the previous year. Demand for diesel oil 338,700 b/d up 0.4%; gasoline 124,900 b/d down 5.1%; fuel oil 106,900 b/d up 2.6%; aviation fuel up 1.5% to 74,000 b/d; LPG up 7.1% to 74,200 b/d and kerosene decreased 8.3% to 400 b/d.
1.2 Natural Gas
Demand for natural gas grew by 5.1% to reach 437,900 b/d. Of the total, 180,900 b/d was used for power generation of EGAT, increased by 1.9%; 212,800 b/d was used by IPP (Independent Power Producers) and SPP (Small Power Producers) increased by 8% and gas demand for industries increased by 1.9% to 43,200 b/d; and demand on Natural Gas for Vehicles (NGV) increased by 67.7% to 1,000 b/d.
2.Procurement
On the supply side, petroleum procurement averaged 1,572,800 b/d, increased by 2.6%.
2.1 Overseas sources
Imported oil totaled 1,007,200 b/d, decreased by 1% from the same period of last year. Imported products were crude 823,100 b/d, decreased by 4.6%; natural gas from Myanmar 147,400 b/d, increased by 18%; and refined products 36,700 b/d, increased by 24.3%. Total import value for 2005 was Bt737.050 billion.
As of December 2005, Thailand’s imported refined products were fuel oil 24,300 b/d, increased by 87.6%, and 12,400 b/d of diesel, increased by 0.8%. In 2005, there were no import of gasoline, kerosene, aviation fuel, and LPG. The total cost of imported refined products was Bt. 29.360 billion, up 92% from last year or equivalent to Bt. 14.091 billion.
Total crude imported from the Middle East was 658,800 b/d, decreased by 5.8%; from the Far East 94,400 b/d, decreased 18.5%; and from other sources 69,900 b/d, increased 47.3%. The total cost of crude oil bills was Bt. 644.937 billion, 37% higher from last year or equivalent to Bt.175.723 billion.
Meanwhile, the total cost of natural gas imported from Myanmar was Bt. 62.753 billion, an increased of Bt. 16.786 billion or equivalent to 36%.
2.2 Indigenous sources
Domestic sources provided 565,600 b/d of petroleum, up 9.6% from last year. Supplies of indigenous petroleum were 380,900 b/d of natural gas increased by 5.7%; crude 114,000 b/d, increased by 34.3% and condensate 70,700 b/d, decreased by 0.1%. End.