Thailand to Prioritise Domestic Energy Supply

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• Valeura anticipates that this new government action will not interfere with the Company's ongoing operations in Thailand, and production is continuing as usual

  80% confidence

• Domestic oil producers should cooperate in supporting national energy security in Thailand by postponing planned downtime and temporarily suspending crude oil exports

  80% confidence

• Thailand's local network of crude oil purchasers constitutes a viable market for Valeura's crude oil

  80% confidence

• Thailand is a net importer of oil, with approximately 92% of its daily crude oil requirements coming from foreign sources, predominantly the Middle East region

  80% confidence

• Typically, approximately one third of Valeura's oil is sold into the domestic Thai market

  80% confidence

• Valeura is well-versed in responding to such requests and intends to comply, to support Thailand's energy needs

  80% confidence

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