BANG KOK: Thailand imported 939,864 b/d of crude oil and condensate in January, rising 18.5% year on year, according to data released Thursday by the Customs Department. Crude imports in the month increased 24.3% year on year to 903,796 b/d, from 727,226 b/d in the same month in 2017.
Major crude suppliers to Thailand in January included the UAE and Saudi Arabia. Thailand imported 36,068 b/d of condensate in the month, down 45.1% year on year, mainly from Australia and Malaysia. In 2017, the kingdom imported 918,570 b/d of crude and condensate, up 5% from 2016.
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Thailand produced 141,248 b/d of crude oil last year, down 13.6% from 2016, with sharp declines seen from three oil fields in the Gulf of Thailand. Production from Wassana plunged 41.3% year on year to 4,480 b/d, while output from Manora fell 35.2% to 7,171 b/d, and Songkhla produced 9,103 b/d, down 23.1% on the year.
Thailand’s condensate output rose 4% year on year to 98,572 b/d in 2017, with the largest rise coming from the Pailin gas field in the Gulf of Thailand where output grew 13% to 15,927 b/d, according to data released February 12 from the Energy Policy and Planning Office. Data for January is scheduled to be released next month.
