Thai Government Seeks Petroleum Extraction Talks Over Overlapping Claims Area With Cambodia
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B2B Cambodia
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The Thai government has proposed to adjust its negotiation strategy with Cambodia regarding the overlapping claims area (OCA) in the Gulf of Thailand, with the aim of expediting talks and reaching an agreement on the joint extraction of petroleum resources.
A view of a drilling platform off the coast of Thailand. The Thai and Cambodian governments have begun negotiations in regards to the maritime Overlapping Claims Area in the Gulf of Thailand. / Credit: BLOOMBERG.
According to a report by Thai PBS, the Cambodian Minister of Mines and Energy, Keo Rattanak, and Thailand’s Ambassador to Phnom Penh, Cherdkiat Atthakorn, had held discussions on energy and petroleum cooperation even prior to Thai Prime Minister Sretha Thavisin’s visit to Cambodia in September 2023.
Thailand’s Deputy Prime Minister and Foreign Minister, Parnpree Bahiddha-Nukara, also visited Cambodia in September, after which he commented that the Thai government needed to establish a new joint technical committee before resuming negotiations on the OCA with Cambodia.
It still, however, remains unknown who will be included in the committee and whether it will be led by the foreign affairs or energy ministries.