Wednesday, November 04, 2009

Thailand want 2/3 right of oil and gas in "overlapping" sea territory with Cambodia?

'Use Thai-VN model with Cambodia' on oil

November 4, 2009

By Watcharapong Thongrung
The Nation


The Mineral Fuels Department says Thailand and Vietnam's solution for the problem of overlapping sea territory is also best for a similar problem between the Kingdom and Cambodia regarding oil and gas exploration.

Director-general Kurujit Nakornthap said the model would benefit Cambodia more than other solutions would.

Thailand and Vietnam agreed to divide the overlapping area, with Thailand owning 67 per cent and Vietnam 33 per cent.

Kurujit said with a similar division between Thailand and Cambodia, the latter could enter into joint-venture agreements with private concessionaires and gain full technology transfers from them on its own without needing to discuss the matter with Thailand.

Thailand also solved a similar problem with Malaysia by setting up a joint juristic organisation to develop the entire area and share the benefits evenly. That area has been found to contain natural-gas reserves of 10 trillion cubic feet.

Kurujit said the problem of the overlapping territory between Thailand and Cambodia, amounting to 26,000 square kilometres, should be resolved quickly, as that would afford benefits to both countries in terms of gas-field development.

If the problem is prolonged indefinitely, both countries would lose business opportunities if other sources of energy, such as wind and solar power, became popular and inexpensive to produce in the interim. This would make the value of Thailand's existing but as-yet-untapped natural resources decline.

Thailand has already set up a committee led by Deputy Prime Minister Suthep Thaugsuban to solve this problem, but the two countries have yet to reach a conclusion. Meanwhile, neither one can allow companies holding concessions for oil and gas exploration in the area to operate.

Thailand granted rights to private companies to explore in the area in 1971, but a 1975 Cabinet resolution suspended exploration after learning it overlapped with Cambodia's territory.

Cambodia has also granted exploration rights to private companies, including Total.

14 comments:

Anonymous said...

ill give you fucking siems 2/3 of my shit after i take a shit on your face....the other 1/3 is for ah fucking youn!!!

Anonymous said...

dream on, fucking siamese whores..!!!

Unknown said...

The best solution I can see is Thailand and Malaysian which was shared 50:50.

I wish governent of Cambodia use modele between Malaysiana and Thailand which is the win-win for both country.

Anonymous said...

Thailand is comparing orange and apple. Do they look alike? The answer is big no.... You got to be a fool to buy in to their selfishly demand. Geographically, just look at where is Vietnam and where is Thailand and comparing that to the geological rights for Cambodia maritime and Thailand. Cambodia may be weak but not a fool to give that away to Thailand. Demand all you want but will you get it is another question. Peaceful and friendly neighbor should be represented; unfair, unjust demands will only lead to animosity.

Anonymous said...

do viet and Thai have overlapping border?

Anonymous said...

viet and thai overlapp their asses in front of our maritime area because our Strongman let them! Hun Sen should get Koh Tral (aka Phu Quoc) back!

son of a farmer said...

Hath house, but ain't anyone living.

Hath ladder, but ain't anyone climbing...

Cambodian ain't master in her own house!

hath house, but ain't no house?

Anonymous said...

Fucken Siam bastard! they had stolen khmer island and still not had enough of greeds, KOH KUT is belong to cambodia, Khmer should go to war and get it back!!

Anonymous said...

Ah Siam, ah you a fool?

the area is fromour main land and your distand just from the skiny long iland!

may you motherfucker Thai shit hit bu lightning!

Anonymous said...

We will give you what you ask if you pack up and go back into the ocean.

Anonymous said...

Regardless what the Siem have to say! Cambodia will use Malaysian model to solve the oil and gas with Thailand!


Just say no to Siem-Vietcong model!

Anonymous said...

what is wrong with this demand by siem thugs? it's not all about thailand, you know! thailand is stealing from cambodia again!

Anonymous said...

siem-viet model is a joke, really! khmer say siem and viet stop stealing from cambodia for a change, really! this is not some sort of the dark ages, you know! the world nowadays have and respect international law with proper boundary lines, etc... if siem and youn continue to want to steal from cambodia again, i'm sure they will lose more than what they are bargaining for this time. this is not the dark ages, you know!

Anonymous said...

of course, siem and youn can't use the dark age argument like they have bigger population, or bigger land mass than cambodia or whatever. hey, there are a lot of small countries and bigger countries all over the world, you know, and for siem and viet thugs to use this kind of argument is like looking down and disrespect all the other smaller and bigger nations out there, really! so siem and youn argument is stupid, given they have no right to violate cambodia and international law, etc...! imagine if all the other nations on the planet were using the same stupid argument like bigger population, bigger land mass, etc, then we all would have world war III again, soon, really! so there!