Product Code: ETC412821 | Publication Date: Oct 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Coal seam gas (CSG) exploration and production in Thailand have gained attention in recent years. CSG is a form of natural gas trapped within coal seams. The Thai government has shown interest in exploiting this unconventional gas resource to diversify its energy portfolio. However, the market for CSG in Thailand is still in its nascent stage, with limited commercial production.
Thailand coal seam gas market is influenced by its efforts to diversify its energy sources and reduce reliance on traditional fossil fuels. Government incentives and regulations supporting the development of coal seam gas contribute to its growth. Additionally, energy security and the need for cleaner energy sources are important drivers. The exploration and extraction of coal seam gas are also influenced by technological advancements and international energy trends.
The coal seam gas market in Thailand encounters several challenges, with environmental and regulatory issues at the forefront. Extraction of coal seam gas often involves hydraulic fracturing (fracking), which raises concerns about water contamination and ecosystem disruption. Thailand has been working to establish strict regulations and environmental safeguards for coal seam gas extraction, but public opposition and concerns about its impact on water resources persist. Additionally, the global market dynamics of natural gas and the competition with other energy sources make it challenging to establish a stable and profitable coal seam gas industry in Thailand.
The Thailand coal seam gas market faced challenges during the COVID-19 pandemic, with disruptions in the energy sector and reduced industrial activity affecting demand. Additionally, the government`s push for cleaner energy sources presented obstacles to the coal seam gas industry. However, as the economy rebounds and energy demand increases, there may be opportunities for coal seam gas in the country`s energy mix, provided it meets environmental standards.
While Thailand coal seam gas market is still emerging, PTTEP (PTT Exploration and Production Public Company Limited) is a notable player in the country`s oil and gas sector. PTTEP is a subsidiary of PTT Group and is involved in the exploration and production of natural gas and crude oil, including potential developments in the coal seam gas segment.