Reasons for Thailand to smile?
Thailand's energy sector is struggling to cope with rising demand and maturing fields. Investors are not flocking to help
A military coup in Thailand in May 2014 was hardly unusual for the country. It has been ruled by military governments 12 times since the end of absolute monarchy rule in 1932, but still managed growth at an average annual rate of 7.5% during the boom years of 1960 to 1996. Growth at that level has, however, yet to reappear under the latest military junta. Still, some are optimistic. The World Bank predicts that Thailand's GDP will grow 3.2% this year, up from 2.5% in 2016. The rulers have announced a raft of measures designed to stimulate growth, part of a 20-year strategic plan outlined in March this year. The plan also promised general elections in 2018, though a vote has been promised rep
Also in this section
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
