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NEWS UPDATES Asean Affairs        2  April 2011

Oil discoveries in Gulf of Thailand

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Three concession holders for petroleum exploration have found oil in their concession fields in the Gulf of Thailand.

Pearl Oil found petroleum in G6/50 field; Chevron (Thailand) discovered it in G7/50; and PTT Exploration and Production (PTTEP) made its find in the G8/50 field.

They were granted the concessions in the 20th round of concession granting by the Department of Mineral Fuels.

The department's director general, Songpob Polchan, said concession holders should promote good understanding with communities in their areas.

As part of this effort, the department, together with PTTEP, Chevron, Pearl Oil, Salamander Energy and CEC International, yesterday each donated Bt200,000 to purāļŒchase relief packages for floodhit people in Chumphon, Nakhon Si Thammarat and Surat Thani.

Last year the department distributed a manual of guidelines for holding public hearings to all concession holders.

In related news, Chevron's Pla Thong 2 gas field in the Gulf of Thailand will start generating 330 million cubic feet per day by the end of this year, while PTTEP's Bongkot South field will be producing 320 million cubic feet per day by late next year.


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ASEAN  ANALYSIS

This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 

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