Oil-claims talks ‘highly likely’

23 September 2011
The Phnom Penh Post
Economy and commerce / Energy / Energy policy and administration / Generation and distribution facilities
ASEAN Energy Business Forum / Brunei / Gas / Ministry of Industry Mines and Energy / oil / Overlapping Claims Area / petroleum resources / secretary of state Ith Praing / Thai Energy Minister Pichai Naripthaphan / Thailand

Thailand is reportedly preparing to re-enter negotiations with Cambodia on the Overlapping Claims Area after officials from the two countries talked this week at the ASEAN Energy Business Forum in Brunei. Thai Energy Minister Pichai Naripthaphan said yesterday that he met informally with Ministry of Industry Secretary of State Ith Praing at the forum and both agreed “the development of the OCA is highly likely”. However, he noted that previous agreements to share petroleum resources with neighbouring countries took more than a decade to materialise. Therefore, no deadline had been set for the OCA’s development…

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