Myanmar: Gas Projects in Doubt as Bangkok Frets about Over-Reliance on Burma

Jan 21, 2015 | William Boot, The Irrawaddy
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Thai investment in Burmese natural gas development might be curtailed because the army generals running Thailand are worried about dependence on supplies from its neighbor, according to reports.

Burma currently supplies about 25% of Thailand’s gas demand, mostly to fuel Thai electricity generation, but the post-coup military-led government of Gen. Prayuth Chan-ocha is apparently anxious to reduce this dependency.

The review of Thailand’s close energy supply links with its neighbor coincide with declining production at long-running offshore fields Yadana and Yetagun in Burmese waters and the rising cost of developing new offshore fields in the country, Platts energy agency in Singapore said.