31.1 C
Bangkok
Thursday, May 2, 2024

Thai government tweaks strategy for joint extraction of petroleum resources with Cambodia

Photo : Treaties and Legal Affairs Department, Thai Foreign Ministry

The government under Prime Minister Srettha Thavisin has proposed an adjustment to the negotiation strategy with Cambodia on the overlapping claims areas (OCA) in the Gulf of Thailand, according to government officials.

The tweaking of the framework of the Thailand-Cambodia 2001 Memorandum of Understanding (MoU) aims to speed up talks to reach an agreement on joint extraction of petroleum resources

Deputy Prime Minister and Energy Minister Pirapan Salirathavibhaga said his government would refocus the negotiation with Cambodia on the OCA, emphasizing joint development rather than delimitation of the territorial sea.

“We need energy from the OCA, not the delimitation of the territorial sea. It’s difficult and takes time to settle disputes over territory since no country can easily accept the change in its…

Read more…

Latest Articles