Reference
·Primary source
Thailand Crude Oil Import Dependency
>80%
Thailand relies on imported crude for more than 80% of its refinery feedstock, making it structurally exposed to global oil-price volatility and freight costs. Domestic production from the Gulf of Thailand fields — operated primarily by PTTEP, Chevron, and Total — has been declining as mature fields deplete. Middle East suppliers (UAE, Saudi Arabia, Kuwait) account for the largest import volumes, with supplemental supply from West Africa and the North Sea. The Energy Policy and Planning Office (EPPO) tracks monthly import dependency data under its energy statistics mandate.
Figure in context
Thailand relies on imported crude for more than 80% of its refinery feedstock, making it structurally exposed to global oil-price volatility and freight costs. Domestic production from the Gulf of Thailand fields — operated primarily by PTTEP, Chevron, and Total — has been declining as mature fields deplete. Middle East suppliers (UAE, Saudi Arabia, Kuwait) account for the largest import volumes, with supplemental supply from West Africa and the North Sea. The Energy Policy and Planning Office (EPPO) tracks monthly import dependency data under its energy statistics mandate.
Thailand relies on imported crude for more than 80% of its refinery feedstock, making it structurally exposed to global oil-price volatility and freight costs. Domestic production from the Gulf of Thailand fields — operated primarily by PTTEP, Chevron, and Total — has been declining as mature fields deplete. Middle East suppliers (UAE, Saudi Arabia, Kuwait) account for the largest import volumes, with supplemental supply from West Africa and the North Sea. The Energy Policy and Planning Office (EPPO) tracks monthly import dependency data under its energy statistics mandate.
Time scope
2023–2024
Source basis
Primary source
Interpretation notes
What this tells you
Thailand relies on imported crude for more than 80% of its refinery feedstock, making it structurally exposed to global oil-price volatility and freight costs. Domestic production from the Gulf of Thailand fields — operated primarily by PTTEP, Chevron, and Total — has been declining as mature fields deplete. Middle East suppliers (UAE, Saudi Arabia, Kuwait) account for the largest import volumes, with supplemental supply from West Africa and the North Sea. The Energy Policy and Planning Office (EPPO) tracks monthly import dependency data under its energy statistics mandate.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
Related figures
Adjacent numbers that add context without drowning the value.
PTT Group Consolidated Revenue
PTT Annual Report, SET filings
BCP Refining Capacity (post-Esso acquisition)
BCP Annual Report, EPPO Thailand
Thailand Domestic Natural Gas Production Decline
PTTEP Annual Report, EPPO, EGAT Power Development Plan
PTTEP 2P Petroleum Reserves
PTTEP Annual Report, SEC Thailand filing
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.