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Project Insights

Thailand and Cambodia eye joint development

With Thailand fast running out of hydrocarbon reserves, the settlement of a dispute with Cambodia over gas-rich waters could be imminent With Thailand fast running out of hydrocarbon reserves, the settlement of a dispute with Cambodia over gas-rich waters could be imminent.
By Damon Evans 14 November 2019 Asia Pacific / Exploration & Production 0 34778
The Bongkot South production terminal in the Gulf of Thailand. (Shell)

The key issue: Renewed efforts are being made to settle a territorial dispute over waters between Thailand and Cambodia thought to be rich in natural gas.

Interfax analysis: Any breakthrough that would settle a territorial dispute over waters between Thailand and Cambodia could eventually drive billions of dollars in energy investment and help Thailand cut its rising demand for LNG imports.

Following a meeting on the sidelines of the ASEAN Ministers on Energy Meeting in early September, both countries have agreed to re-open talks on...