YUTHANA PRAIWAN
Bangkok Post
Thailand expects to start negotiations with Cambodia on April 21 in Bangkok on offshore petroleum fields in the disputed waters in the Gulf of Thailand, according to Songpop Polachan, deputy director-general of the Department of Mineral Fuels.
The Ministry of Foreign Affairs would host the first official negotiations between the two countries in the hope of reaching a conclusion over the controversial area, which covers 26,000 square kilometres.
Mr Songpop said that the Thai government was prepared to propose to Cambodia a model based on the successful Malaysia Thailand Joint Development Area and the Timor Gap Australia-Indonesia Co-operation pact.
Exploration began 30 years ago in the disputed Thai-Cambodian waters, also called the Khmer Basin. Despite the lack of concrete reports on reserves, both countries have sought to tap the overlapping area for potential undersea oil and natural gas potential.
At a time of skyrocketing global oil prices, an area potentially rich with resources proves even more valuable to both countries, which are eager to overcome the dispute and move ahead with their plans.
The two countries have not engaged in any serious talks about the offshore area for the past decade.
Cambodian officials said recently that their unofficial talks in 2006 on the issue had failed to result in a formal round because Thailand needed a larger share over the area than the 50-50 proposed by Cambodia.Thailand is currently focusing on seeking to secure as many energy sources from its neighbours as possible in order to meet its projected growth demand in the near future.
Thailand's combined crude and condensate production in local petroleum fields hit a record high in excess of 200,000 barrels per day last week, Mr Songpop added.
The additional output mainly came from the onshore Na Sanoon field in Phetchabun, operated by Pan Orient Resources Ltd, which helped boost the production to 10,000 barrels a day from 1,500 barrels. The total production was expected to double this year to catch up with the demand growth.
The department also expects PTT Exploration and Production (PTTEP)'s Nang Nual offshore field to be ready to resume crude production this year after being suspended in mid-2006 due to technical errors.
The Nang Nual block was producing 18,000 barrels of crude per day before the suspension.
During the term of the former military-backed government, the Energy Ministry had made all-out efforts to seek crude and natural gas reserves locally to lessen the country's dependence on imported oil.
Last year, Thailand imported crude supplies equivalent to about 808,000 barrels, worth 703 billion baht.
The Ministry of Foreign Affairs would host the first official negotiations between the two countries in the hope of reaching a conclusion over the controversial area, which covers 26,000 square kilometres.
Mr Songpop said that the Thai government was prepared to propose to Cambodia a model based on the successful Malaysia Thailand Joint Development Area and the Timor Gap Australia-Indonesia Co-operation pact.
Exploration began 30 years ago in the disputed Thai-Cambodian waters, also called the Khmer Basin. Despite the lack of concrete reports on reserves, both countries have sought to tap the overlapping area for potential undersea oil and natural gas potential.
At a time of skyrocketing global oil prices, an area potentially rich with resources proves even more valuable to both countries, which are eager to overcome the dispute and move ahead with their plans.
The two countries have not engaged in any serious talks about the offshore area for the past decade.
Cambodian officials said recently that their unofficial talks in 2006 on the issue had failed to result in a formal round because Thailand needed a larger share over the area than the 50-50 proposed by Cambodia.Thailand is currently focusing on seeking to secure as many energy sources from its neighbours as possible in order to meet its projected growth demand in the near future.
Thailand's combined crude and condensate production in local petroleum fields hit a record high in excess of 200,000 barrels per day last week, Mr Songpop added.
The additional output mainly came from the onshore Na Sanoon field in Phetchabun, operated by Pan Orient Resources Ltd, which helped boost the production to 10,000 barrels a day from 1,500 barrels. The total production was expected to double this year to catch up with the demand growth.
The department also expects PTT Exploration and Production (PTTEP)'s Nang Nual offshore field to be ready to resume crude production this year after being suspended in mid-2006 due to technical errors.
The Nang Nual block was producing 18,000 barrels of crude per day before the suspension.
During the term of the former military-backed government, the Energy Ministry had made all-out efforts to seek crude and natural gas reserves locally to lessen the country's dependence on imported oil.
Last year, Thailand imported crude supplies equivalent to about 808,000 barrels, worth 703 billion baht.
11 comments:
Okay, just make sure both side get plenty of sleep the night before. We don't want to mess this up. We have a lot to do, and we can't wait another 200 years to do it.
They'll be fine! Also, I'm certainly they'll use their professionalism.
Best of luck!
I would recommend the Cambodian government to object the idea. This is not even in their water. It is in Khmer water. How come, we let this Thai theif seeing our weakness. Come on get a grip!
6:25, the water is called the Gulf of Thailand, not Cambodia.
Oh dude 8:20 PM, then in USA there is Gulf of Mexico so the Mexican can do anything they want? Dude you need to learn how boundaries go. There is limit line or border between neighbors and neighbors. If they think like you everybody would do anything. Like in Europe for example, there is English Channel why don't they call French Channel? To make sure you understand this Channel is not for radio or tv channels it is like delta. You need to learn world geography.
Oh yeah, I agreed with 8:53 PM.
So we have our province name as Siam Reap and the Thai will claim as well?
Well yeah, you got to be careful with these things, nothing is guarantee. No case is closed permanently. You can reopen any case upon new discovery, and the battle continues until Cambodia is resources is completely drained by westerners and lawyers. Thus, do you want to take the risk or do you preferred a fair settlement.
Thailand would take everything if you give it to them. They don't give a fuck about Cambodia's water or not and so the fucking Vietnam. These two colluding thieves are out to get Cambodia's.
I remember during the rule of POL POT, my uncle was KR's navy patrolling the shore and told me the KR's navy always maintaine the water. They shot and chased out the enemies without problem. But now under HUN SEN, they are suck. They barely doing nothing to the enemies. Wake up HUN SEN.!
12:10am, that's why cambodia need to learn from history and be smart and better about dealing with others. as much as i love cambodia and everything we stands for, however, i feel cambodia can learn a lot from others, especially in a worldly point of view. negotiation is better than fights endlessly for how much longer? war and conflict is just very destructive to any society and country. when is cambodia going to learn from the rest of the modernized world? got to start somewhere, as long as no violation of sovereignty of cambodia. i believe there is a right time for everything, and this may be that right time to negotiate with neighbors for peace and prosperity for all in cambodia and the region of the world. who, in their right mind wants wars and conflict, forever? even wars and conflicts have an ending sooner or later. think money making and high standard of living over hardship and suffering; and cambodia, please don't forget to look around the entire world to see how others are doing and living peaceful side by side as the world is so diverse and so colorful, and no one can live forever. so better to have a wonderful, fruitful, productive, happy, peaceful lives while we are young and full of energy and life before we all get old and died off. wake up and see the world for it is bigger than your oyster (think outside of the box, please)! thank you and god bless all.
WT? 1:43, the KR had lost the entire Cambodia to Vietcong, remember? Now you want us to follow their foot step, is that what you are telling us?
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