Transcript Document
Thailand’s Energy Situation in 2010 and Trend in 2011 Consumption, Production and Import of Primary Commercial Energy Unit: KBD of crude oil equivalent 2009 2010 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4* 1,785 1,612 1,693 1,651 1,693 1,784 1,799 1,764 1,792 895 991 890 900 878 911 979 1,001 992 995 922 989 892 954 941 900 990 1,082 916 969 55 55 55 56 57 53 56 60 52 54 Consumption 2.8 7.3 -4.1 0.9 3.5 10.0 10.6 6.3 6.8 5.8 Production 5.2 10.8 9.5 0.3 0.5 10.1 10.0 11.1 13.0 9.3 Import (Net) -4.0 7.3 -19.2 -3.6 3.1 10.6 11.0 13.4 -2.7 7.6 -2.3 7.9 -7.1 -4.9 -2.8 5.9 12.0 9.1 6.7 3.8 2009 2010* 1,663 Production Import (Net) Consumption Import/Consumption (%) Growth Rate (%) GDP (%) * Preliminary data Growth Rate of Primary Commercial Energy Consumption (%) Natural Gas Coal/Lignite 2010 Q4* Q3 Q2 Q1 2009 Q4 Q3 Q2 GDP Q1 21 18 15 12 9 6 3 0 -3 -6 -9 -12 -15 Unit: KBD of crude oil equivalent 2009 2010 2009 2010* Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4* 1,663 1,785 1,612 1,693 1,651 1,693 1,785 1,799 1,764 1,785 - Oil 643 657 661 637 615 658 681 643 629 676 - Natural Gas 682 783 624 695 696 712 750 793 796 789 - Coal 205 207 186 222 215 196 213 220 209 188 - Lignite 98 99 98 106 97 92 98 102 98 99 - Hydro/Imported Elec. 35 39 44 32 29 36 43 42 32 41 Total Consumption * Preliminary data Consumption of Primary Commercial Energy KBD of crude oil equivalent Import: 26% Domestic: 74% Hydro/Imported Electricity Coal/Lignite Natural Gas 2% 17% Domestic: 33% Import: 67% 44% Import: 20% Domestic: 80% Oil 37% Domestic: 16% Import: 84% Consumption Growth Rate (%)* Oil Natural Gas Coal Electricity Total 2.2 14.7 1.2 11.6 7.3 * Preliminary data Expenditure on Final Energy Consumption in 2010 Total Expenditure on Final Energy Consumption: THB 1,796 billion* Growth Rate (%)* Petroleum Products Electricity Natural Gas Lignite/ Coal Renewable Energy Total 15.6 11.2 39.2 2.7 0.8 13.8 * Preliminary data Value of Energy Import Value of Energy Import Billion THB 800 700 600 500 400 300 200 100 0 Billion THB 1400 1200 1000 800 600 400 200 0 2010 Total Value of Energy Import: THB 895 billion* 2007 2008 2009 2010* Growth Rate (%)* Crude Oil Petroleum Products Natural Gas Coal Electricity Total 18.5 126.0 -2.2 2.0 86.0 17.6 * Preliminary data Value of Energy Export in 2010 Value of Energy Export, in total: THB 263.3 billion* Growth Rate (%)* Crude Oil Petroleum Products Electricity Total 7.3 12.1 14.7 11.6 * Preliminary data Crude Oil Import Decreased by 0.1 % 2006 2007 2008 2009 Growth Rate (%) 2010* 2008 Quantity (KBD) 829 804 812 803 803 0.9 Average Price (US$/barrel) 65.41 70.54 101.44 61.90 78.80 Value (Billion THB) 754 716 1,003 623 738 2009 2010* -1.0 -0.1 43.8 -39.0 27.2 40.1 -37.9 18.5 * Preliminary Data Petroleum Product Consumption Unit: KBD Product 2007 2008 2009 2010* 126 122 130 Regular 91 81 74 Premium 45 - Gasohol Growth Rate (%) 2007 2008 2009 2010* 128 1.6 -2.9 5.6 -1.1 74 86 3.3 -8.4 -0.4 17.0 48 56 42 -1.1 7.0 15.0 -25.3 26 42 53 41 28.1 62.5 23.8 -23.1 - ULG 95 19 6 3 1 -24.7 -69.1 -48.0 -62.3 KEROSENE 0.3 0.3 0.3 0.2 -7.5 -13.7 12.5 -26.2 DIESEL 322 303 318 319 1.8 -5.7 4.6 0.3 JET PETROLEUM 85 80 76 81 9.1 -5.9 -4.4 6.6 FUEL OIL 73 56 47 47 -27.8 -22.1 -16.9 -0.2 LPG** 100 117 119 132 14.5 17.4 0.9 11.3 TOTAL 707 679 690 708 -0.1 -3.6 1.3 2.6 GASOLINE ** Excluding LPG used as feedstock in the petrochemical industry * Preliminary data Monthly Gasoline Consumption Million Litres/Day 25 2010 20 22 15 21 10 20 19 18 Impact of political unrest Nov* 17 Jan Sep May Jan-10 Sep May Jan-09 Sep May Jan-08 Sep May Jan-07 Sep May Jan-06 0 Sep 2010* Av. 20.3 Jul 2008 2009 Av. 19.5 Av. 20.6 May 2007 Av. 20.1 2006 Av. 19.8 Mar 5 Growth Rate in 2010 Growth (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec JanDec Compared with corresponding period in 2009 -8.9 0.5 -6.3 -4.3 -8.1 1.4 0.9 0.4 1.2 -1.0 7.7 4.7 -1.1* Compared with previous month -7.7 8.1 -5.3 1.2 -4.5 6.4 -0.2 -2.8 1.4 -1.5 6.0 5.2 * Preliminary data Monthly Gasohol Consumption Million Litres/Day Government promotion of Gasohol 91 application to motorcycles Demand increased due to lowered prices Oct Jul Apr Jan-10 2010* Av. 12.0 Oct Jul Apr 2009 Av. 12.2 Oct Jul Apr 2008 Av. 9.2 Jan-08 Oct Jul Jan-07 Oct Jul Apr Apr 2007 Av. 4.8 2006 Av. 3.5 Jan-06 Contribution rates to the Oil Fund reduced by the government towards year end Jan-09 14 12 10 8 6 4 2 0 Growth Rate in 2010 Growth (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec JanDec Compared with corresponding period in 2009 -7.5 -1.2 -7.9 -4.1 -8.5 1.4 1.5 -0.3 0.1 -3.8 4.3 0.1 -2.4* Compared with previous month -7.9 4.9 -5.7 3.4 -4.5 6.7 0.4 -2.4 0.2 -3.1 5.2 4.1 * Preliminary data Monthly Gasohol 91 (E10) Consumption Million Litres/Day 5 4 3 2 2006 2007 Av. 0.25 Av. 0.67 1 2008 Av. 2.52 2009 Av. 3.88 2010* Av. 4.21 Sep May Jan-10 Sep May Jan-09 Sep May Jan-08 Sep May Jan-07 Sep May Jan-06 0 Growth Rate in 2010 Growth (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Compared with corresponding period in 2009 -1.7 8.2 4.1 11.4 5.3 13.0 12.9 9.4 10.1 8.5 15.3 8.8 Compared with previous month -7.5 7.4 -1.9 5.4 -4.0 6.4 0.8 -1.9 1.0 -1.3 4.4 0.7 JanDec 9.3* * Preliminary data Gasohol Demand in 2010 Gasohol 95 (E10) Gasohol 95 (E20) 3% 35% Gasohol 95 (E10) Average 7.35 Million Lt/d Gasohol 91 (E10) Gasohol 91(E10) Average 4.16 Million Lt/d 62% 2010 Gasohol 95 (E10) Gasohol 91 (E10) Gasohol 95 (E20)* Growth (%) -9.5* 9.3* 64.9* * Preliminary data Gasohol 95 (E20) Average 0.36 Million Lt/d Monthly Diesel Consumption Million Litres/Day 60 60 50 55 40 30 20 10 2010 Towards year end, as a relief measure, the government reduced contribution rates to the Oil Fund. 50 2006 Av. 50.2 2007 Av. 51.1 2008 Av. 48.2 2009 Av. 50.6 2010* Av. 51.0 Jan-06 May Sep Jan-07 May Sep Jan-08 May Sep Jan-09 May Sep Jan-10 May Sep 0 45 40 Demand dropped due to end of the harvest season & political situation impact. Jan Mar May Jul Sep Nov Growth Rate in 2010 Growth (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Compared with corresponding period in 2009 -8.9 7.4 3.7 -2.3 -4.3 3.4 3.0 -1.0 0.7 0.2 7.9 0.9 Compared with previous month -8.7 9.3 -1.4 -5.1 -0.8 -1.8 -2.7 -5.6 1.4 1.7 11.3 5.3 JanDec 0.3* * Preliminary data Distribution Volume of Biodiesel B5 Million Litres/Day 30 Demand dropped as price difference was only 1.20 Baht 25 20 Demand increased due to high price difference: 1-3 Baht 15 10 2006 Av. 0.118 5 2008 Av. 10.327 2007 Av. 1.718 2009 Av. 22.345 2010* Av. 19.383 Oct Jul Apr Jan-10 Oct Jul Apr Jan-09 Oct Jul Apr Jan-08 Oct Jul Apr Jan-07 Oct Jul Apr Jan-06 0 Growth Rate in 2010 Growth (%) Jan Feb Mar Compared with corresponding period in 2009 12.4 11.7 -1.6 Compared with previous month -8.9 2.7 -3.4 Apr May Jun Jul Aug Sep Oct Nov Dec -14.0 -23.0 -20.7 -22.3 -22.5 -16.6 -15.9 -15.6 -21.3 -5.8 -3.3 -2.2 -4.8 -5.3 2.3 0.2 2.2 JanDec -12.2* 3.5 * Preliminary data Distribution Volume of HSD B3 and B5 HSD- B3 Demand (Million Lt/Day) HSD-B3 HSD-B5 HSD- B5 Demand (Million Lt/Day) 60 30 50 25 40 20 30 15 20 10 10 5 0 0 LPG, Propane and Butane Demand Share in 2010 Own use 8% 30.4 26.4 8% 6% 20% 14% 15% 7% 19% 16% 14% 25% 13% 11% 46% 44% 43% 8% 28% 11% 13% Household 40% Petrochemi cal 28% Industry 13% 40% Automobile 11% Demand in 2010* Demand volume (Million Lt/Day) Growth Rate (%) Household Industry Automobile Petrochemical Own Use Total 12.3 3.9 3.4 8.4 2.4 30.4 9.1 32.5 0.5 28.0 8.3 15.2 * Preliminary data Petroleum Consumption in the Land Transport Million Lt/Day of crude oil equivalent Share NGV LPG 8% 4% Diesel 59% Gasoline 29% 60 50 40 30 20 10 0 2007 2008 2009 2010 Growth Rate (%) Gasoline Diesel LPG NGV Total 2008 -2.9 -7.8 35.6 230.6 -2.0 2009 5.7 4.7 -14.1 84.4 7.1 2010* -1.1 0.39 0.5 22.4 1.4 * Preliminary data Natural Gas Consumption by Sector MMSCFD NGV Share 4% Industry 12% GSP 17% Power Gen. 67% Growth Rate (%) Power Generation Gas Separation Plant Industry NGV TOTAL* 2008 3.3 1.9 4.0 220.8 5.0 2009 0.2 2.5 6.9 84.2 3.2 2010* 11.6 13.0 33.7 22.6 14.7 * Preliminary data Power Demand in 2010 Overall Demand Demand Volume (GWh) Growth Rate (%) Q1 Q2 Q3 Q4* Total* 35,878 38,348 37,941 35,557 147,724 16.2 12.0 7.2 3.7 9.6 * Preliminary data Forecast of Energy Demand in 2011 Forecast of Primary Commercial Energy Demand Unit: KBD of crude oil equivalent 2006 2007 2008 2009 2010p 2011f 1,545 1,604 1,618 1,663 1,785 1,860 Oil 674 667 634 643 657 671 Natural Gas 579 615 648 682 782 822 Lignite/Coal 248 279 301 303 307 315 44 43 36 35 39 52 Demand 1.6 3.8 0.9 2.8 7.2 4.2 Oil -2.3 -1.0 -5.0 1.4 2.2 2.2 Natural Gas 2.3 6.2 5.4 5.2 14.4 5.1 Lignite/Coal 6.9 12.8 7.7 0.6 0.6 2.6 35.2 -2.5 -17.4 -1.1 14.3 32.7 Demand Hydro/Imported Elec. Growth Rate (%) Hydro/Imported Elec. p: Preliminary data f : Forecast data Forecast of Petroleum Product Demand Unit: Million Litres Growth Rate (%) Product Type 2006 2007 2008 2009 2010p 2011f 7,215 7,337 7,121 7,525 7,438 18,371 18,710 17,643 18,465 Jet Petroleum + Kerosene 4,538 4,950 4,652 Fuel Oil 5,851 4,222 LPG* 5,074 41,050 Gasoline Diesel Total 2009 2010p 2011f 7,587 5.6 -1.1 2.0 18,538 18,964 4.6 0.3 2.3 4,431 4,738 4,991 -4.3 6.6 5.3 3,287 2,731 2,725 2,619 -16.9 -0.2 -3.9 5,812 6,828 6,894 7,674 7,855 0.9 11.3 2.4 41,030 39,531 40,064 41,113 42,016 1.3 2.6 2.2 * Excluding LPG use as feedstock in the petrochemical industry p: Preliminary data f : Forecast data Forecast of LPG Consumption, Production and Import Unit: Thousand Tons 2006 2007 2008 2009 2010p 2011f - Consumption 3,518 4,116 4,788 5,208 6,001 7,010 Household 1,721 1,884 2,124 2,231 2,433 2,616 Industry 511 602 658 586 776 816 Automobile 459 572 776 666 670 540 Petrochemical Feedstock 708 807 903 1,289 1,651 2,556 Own Use 119 251 328 435 471 482 4,167 4,469 4,803 5,217 3,601 5,534 - - 452 753 1,292 1,476 - Consumption 13.5 17.0 16.3 8.8 15.2 16.8 Household 7.3 9.5 12.7 5.0 9.1 7.5 Industry 13.6 17.8 9.3 -11.0 32.5 5.2 Automobile 51.6 24.7 35.6 -14.1 0.5 -19.4 Petrochemical feedstock -1.7 14.0 11.9 42.8 28.0 54.8 434.1 111.3 31.1 32.5 8.3 2.3 - Production - Import Growth Rate (%) Own Use p: Preliminary data f : Forecast data Forecast of Natural Gas Demand, by Sector Unit: MMSCFD Growth Rate (%) Sector 2006 2007 2008 2009 2010p 2011f 2009 Power Gen. 2010p 2011f 2,257 2,346 2,423 2,435 2,717 2,802 0.2 11.6 3.1 GSP 527 572 583 599 677 750 2.5 13 10.9 Industry 291 347 361 387 517 580 6.9 33.7 12.1 11 24 77 143 175 202 84.2 22.6 15.4 3,086 3,288 3,444 3,564 4,086 4,334 3.2 14.2 6.1 NGV Total Remarks: Heating Value: 1 cubic foot = 1,000 BTU p: Preliminary data f : Forecast data