Thailand's EPPO Says Country May Face Gas Shortage in 2020-2021

Thailand may experience a shortfall in gas supply of 9 million tons of liquefied natural gas (LNG), or approximately 1,500 million cubic per day (MMcf/d) in 2020-2021, due to uncertainty arising from the upcoming petroleum auctions, according to a report Thursday in local daily The Nation.

On May 30, Thailand’s Energy Minister Anantaporn Kanjanarat said the government will offer for bidding two petroleum concessions, including the Erawan and the Bongkot gas fields, in the planned auction, which has not been scheduled.

Prasert Sinsukprasert, EPPO deputy director-general, explained that the decision by the National Energy Policy Council, chaired by Prime Minister Prayut Chan-o-cha, to seek new operators for the two gas fields after the concessions expire in 2022-2023 could jeopardize Thailand’s energy security.

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