Momentum is growing for the resumption of long-delayed talks between Thailand and Cambodia on joint petroleum exploration in the Gulf of Thailand, after the two countries showed interest in pushing ahead with the project.
Kurujit Nakornthap, executive director of the Petroleum Institute of Thailand, is urging the government to work with Cambodia to relieve the impact of global gas price fluctuations in the long term.
His statement came after the cabinet had an informal discussion on Tuesday about joint development of petroleum resources, the value of which has been estimated at 5 trillion baht.
There were…