Main Article Content
With the increase of reliance of LNG for Thailand, tons of liquefied natural gas (LNG) are imported, however there is no report that describes the engagement by a mathematical model. This study constructed a mathematical model to analyze LNG supply of Thailand. Based on the outcome in 2022, the offered LNG supply pattern, which reduced the total LNG price, risk of politics and risk of maritime, exhibited that Malaysia, Brunei, and Australia are LNG exporter of Thailand. Additionally, when the demand of LNG in Thailand increase, the demand from Qatar does not increase due to the low competitiveness. Moreover, in the study of diversification, the details suggested the raking of suppliers that Thailand should import. The rank is as follows: Brunei, Malaysia, Australia, USA, and Trinidad & Tobacco. The study of the objective factors on the decision of Thailand shows that the risk associated with shipping is ineffective to Thailand’s LNG supply due to the geographical closeness of the supplier countries. However, the risk connected to the political of supplier nations is influenced by the decision of the supply. Furthermore, this study revealed the limitation of the research associated with the LNG supply of Thailand. Hence, the finding of this study not only presented the alternative policy of Thailand but also consolidated Thailand’s energy security.
M. E. Biresselioglu, M. H. Demir, and C. Kandemir, “Modeling Turkey’s future LNG supply security strategy,” Energy Policy, vol. 46, pp. 144–152, Jul. 2021, doi: 10.1016/ j.enpol.2012.03.045.
K. Juhan and K. Jinsoo, “Optimal porfolio for LNG importation in Korea using a two-step portfolio model and a fuzzy analytic hierarchy process,” Energies, vol. 11, no. 11, 2018, Art. no. 3049, doi: 10.3390/en11113049.
A. Nowrouzi, M. Panahi, H. Ghaffarzadeh, and A. Ataei, “Optimizing Iran’s natural gas export portfolio by presenting a conceptual framework for non-systematic risk based on portfolio theory,” Energy Strategy Reviews, vol. 26, Nov. 2019, Art. no. 100403.
British Petroleum Company Limited (BP), “bp Statical Review of World Energy 2022, 71st edition,” British Petroleum Company Limited (BP), United States, 2022.
S&P Global Platts, “Port world Distance calculator,” 2021. [Online]. Available: https://portworld. com/map.
Capra Energy Group, “LNG Freight Cost Calculator,” 2021. [Online]. Available: https:// capraenergy.com/lng-freight-cost-calculator.
Wilhelmsen, “Panama toll calculator,” 2022. [Online]. Available: https://www.wilhelmsen. com/tollcalculators/panama-toll-calculator.
Wilhelmsen, “Suez toll calculator,” 2022. [Online]. Available: https://www.wilhelmsen. com/tollcalculators/suez-toll-calculator.
ICC International Maritime Bureau, “Piracy and Armed Robbery Against Ships Report for the Period 1 January – 31 December 2020,” ICC International Maritime Bureau, London, United Kingdom, 2021.
The Fund for Peace Organization (FFP), “Fragile State Index Annual Report 2021,” The Fund for Peace organization (FFP), Washington D.C., USA, 2021.
International Group of Liquefied Natural gas Importers (GIIGNL), “GIIGNL annual report 2022,” International Group of Liquefied Natural gas Importers (GIIGNL), Seine, France, 2022.