Fresh call for Cambodian talks on untapped fuel field

Quick Summary:

The Petroleum Institute of Thailand is pushing energy and foreign affairs authorities to engage in talks with Cambodia on joint petroleum production in the overlapping claims area (OCA), as there has been no progress on the issue since early this year.

The Erawan gas field in the Gulf of Thailand, operated by PTTEP.

The Russian invasion of Ukraine in 2022 caused global oil and gas prices to skyrocket, leading Thai authorities to spend a huge amount of money to tame the surge in power bills.

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Article Details

Category: EconomyBusiness

Markets: ThailandCambodiaUkraineVietnam

Topics: Talks Cambodia Petroleum According Thailand Energy Prices Gulf Been Authorities Production

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 05:12:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 22051181

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 13 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 6 hours ago

Coverage Areas: Thailand

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News Language: English

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Publisher ID: #66

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