*Official Thai import statistics for 2022 show the southeast Asian kingdom imported 1.03mn b/d of crude for 2022, up 5% on 2021, but almost 100,000 b/d off the record figure of 1.12mn b/d seen in 2018.

*The UAE, where Thai state firm PTT has significant upstream stakes, has long been Thailand’s top supplier. And this was no different for 2022, with the official Thai stats showing UAE volumes surging by 54% to a nine-year high 430,000 b/d (see chart and table). (CONTINUED - 250 WORDS)