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Energy security not impacted in case the Thailand-Cambodia MoU is denounced
By k on November 9, 2009
BANGKOK, 9 November 2009 (NNT) –The Energy Minister expressed his confidence that the possible denouncement of the MoU on Thailand – Cambodia maritime border overlapping would not influence the national energy security.
Minister of Energy, MD Wannarat Channukul, said the possible denouncement of the MoU made for the maritime border overlapping between Thailand and Cambodia in the cabinet tomorrow would not affect the energy security of Thailand.
He pointed out that PTTEP was undertaking a petroleum survey and production in several countries and also around the overlapping areas, thus the MoU cancellation would not directly affect the PTTEP performance.
Mr Prasert Boonsamphan, PTT CEO and General Manager elaborated that PTTEP had not made a large investment in Cambodia with few petrol stations in service and only three small petrol depots. Oil transportation and distribution to Cambodia had continued as usual. He admitted that if the border was closed, trade between the two countries would be affected. However, PTT was ready to follow the government policy.
Related posts:
- Energy Minister affirms Thailand-Cambodia dispute has no impact on energy businesses BANGKOK, 18 November 2009 (NNT) – The Energy Minister affirmed...
- PM Abhisit: Thailand sending Thaksin extradition request to Cambodia BANGKOK, Nov 10 (TNA) – Thailand’s Prime Minister Abhisit Vejjajiva...
- No plan to cut gasoline supply to Cambodia BANGKOK, 13 November 2009 (NNT) – Thailand will keep supplying...
- Energy unit says enough fuel supply during protests BANGKOK, 17 March 2010 (NNT) – Oil supply will be...
- BIMSTEC Energy Ministers’ meeting to kick off in Thailand BANGKOK, 4 March 2010 (NNT) – The Energy Minister’s meeting...
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