Cambodia calls for talks with Thailand on disputed oil and gas zone
Cambodia called Tuesday for the newly elected Thai government to resume talks on resolving claims to a 27,000-square-kilometre stretch of seabed considered rich in oil and gas. The Cambodian National Petroleum Authority, a government body, said it had ‘a firm commitment to finding an equitable and transparent resolution to the overlapping claims area.’ … A number of major oil companies have signed exploration deals with Cambodia in the Gulf of Thailand, including the US firm Chevron Corp and France’s Total SA. In 2001, the two nations signed an agreement that outlined their joint management of resources in the disputed zone, but the details have yet to be worked out. …
