Nishimura Yasutoshi, Japan’s minister for economy, trade and industry, had signed a memorandum of understanding (MoU) to partner with Thailand for the CCUS study and pledged to provide financial support for the research.
According to the MoU, Japan will provide 1.6 billion baht for the study in the northern part of the Gulf of Thailand and the North.
One billion baht of the funding will be for studying six geosynclines in the gulf: Sakhon, Pak Nam, Hua Hin, Rayong, Kra and Western Kra. The study will be completed in 2027.
