PTTEPs Energy Strategy

1
PTTEPs Energy Strategy on Middle East
Dr. Khajohn BHASAVANIJA PTT Exploration and
Production, PLC.
2
Thailand Energy Forecast
Oil and Gas are major sources of energy and
likely to remain so for many years

• Energy Demand Growth Forecast (CAGR during
  2005-2015)
• Total 5
• Gas 8
• Oil 3
• Coal 5

2,863 KBD
3
Hydro/Others
14
Coal
Import
1,740 KBD
30
Domestic
2
41
70
13
Import
28
Gas
Domestic
33
72
Domestic
12
42
Oil
52
88
Import
Remark Not include Renewable Energy Source
EPPO/PTT
3
Thailand Energy Procurement
Thailand Energy Procurement and Consumption

• Heavily relied on imported energy
• Middle East major energy supply sources

Domestic Consumption/Export
Natural Gas 149
Indigenous 556 (35)
Crude 111
Refined Product 38
Condensate 60
Refined Product 752
Crude 66
Natural Gas 386
Crude Middle East 656 Far East 99 Other 73
Refined Product 128
Export 194 (14)
Natural Gas 443
Import 1,015 (65)
Domestic Consumption 1,195 (86)
Unit Natural Gas KBOED Others KBD
Source PTIT
4
Middle East Oil Production (KBD)
Source BP statistical review 2006
5
Middle East Reserves
Oil Reserves
Natural Gas Reserves
TCF
MMBBL
Source BP statistical review 2006
6
Government Policies on Energy Security

• Reduce energy import dependency
• Promote more domestic and overseas exploration
  and production activities to ensure long-term
  security of supply
• National Champions to explore and develop
  petroleum fields in overseas i.e. Middle East
• Enhance value added to indigenous energy
  resources
• Speed up the use of alternative fuels and promote
  efficient use of energy
• Seek for potential partners in LNG especially
  with NOC in LNG export country

7
PTTEPs Role as an NOC

• Strategic Intents
• Seek EP opportunities in Middle East
• Seek opportunities in LNG/GTL
• Current Activities
• Oman two onshore blocks
• Block 44 developed
• Block 58 exploration (awarded June 28, 2006)
• Iran one onshore block
• Saveh block exploration
• Bahrain
• MOU on two onshore blocks