*Key Southeast Asian consumer Thailand imported 1.05mn b/d of crude in the first nine months of 2020. This is up 3% year on year, putting 2020 on track to top 2019’s 940,000 b/d but still well shy of the record 1.12mn b/d seen in 2018 (see table).
*This year’s key trend has been a diversification of Thailand’s supply base with Middle East volumes falling 13% to 538,000 b/d for the first nine months of 2020. This is just 51% of total imports, way down on 2019’s record annual low of 59.4% (MEES, 31 January). (CONTINUED - 251 WORDS)
