Annual Business Update and ESG Report
Thailand | Market Update
Thailand Energy Overview
Natural Gas Supply
FY 2020 FY 2021 3M 2022
FY 2020 FY 2021 3M 2022
36
MMSCFD
35
Domestic
Myanmar LNG 4,276
34
ā Stable energy demand, while the energy prices
continue to soar
33
Domestic
Myanmar LNG 4,726
Domestic
Myanmar LNG
4,699
0
1,000
2,000
3,000
4,000
5,000
Natural Gas Consumption
MMSCFD
Electricity
Industry GSP NGV 4,309
Electricity
Industry GSP NGV 4,395
Electricity
Industry GSP NGV 4,368
0
1,000
2,000
3,000 4,000 5,000
Source: Energy Policy and Planning Office (EPPO)
FY2020
FY2021 3M 2022
o As of March 2022, compared with the same period
of last year: significantly declined in domestic
supply, while gas from Myanmar and LNG imports
remained constant.
Electricity Generation
GWH
57%
3% 15% 14% 11%
33,123
54%
2% 17%
16% 11% 209,717
55%
2% 18%
14% 10%
206,034
Natural Gas
Imported
Hydro Electricity
Renewable Energy
Coal & Lignite
28
32
31.3
31
30
30.0
29
29
32.1
Exchange Rate Movement
(USD/THB)
33.4
33.9
33.3
PTTEP
35.3
(High)
34.5
34.1
28
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
2021
2022
33.4
(Average)
32.5
(Low)
Consensus on the exchange rate mostly depends on
o Thailand economic recovery in particular the tourism sector
ć Bank of Thailand and Federal Reserve monetary policy tightening
schedule
o Geopolitical tensions and uncertainty from the Russia-Ukraine war
Source: Bank of Thailand, Bloomberg
Forecast based on Bloomberg Consensus as of 31 March 2022View entire presentation