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Monday, April 29, 2024

A Pheu Thai-led government could revive talks with Cambodia on gas exploration

A good relationship with the Cambodian government would be a prerequisite for the resumption of negotiations on overlapping claims to natural gas resources in the Gulf of Thailand, experts said, but warned of a return to a cold conflict if there were mutual reservations.

The dividends of a diplomatic bonhomie would be high, as together they could exploit an estimated 1 trillion baht worth of energy resources.

Political turmoil and bruised nationalism, mostly in Thailand after the military coup in 2006, became a major impediment for progress in talks between the two countries on demarcating the disputed maritime boundaries as well as jointly developing petroleum reserves in the 26,000 square-kilometre area, they said.

The issue was discussed at length during a seminar on the overlapping claims of the two countries in the Gulf of Thailand. The event was jointly hosted by Chulalongkorn…

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