Thai energy consumption is expected to rise by 9.2% this year, based on an economic growth estimate of 2.5-3.5%, driven by an uptick in economic activities as pandemic restrictions ease, says the Energy Policy and Planning Office (Eppo).
The amount of energy demand should stand at 2,034 kilo-barrels of oil equivalent per day (KBOED).
The projection is based on an average Dubai crude oil price of US$95-105 per barrel this year and a foreign exchange rate of 33.3-34.3 baht per US dollar.
