February will see the reignition of talks between Thailand and Cambodia regarding a disputed region in the Gulf of Thailand, spanning 26,000 square kilometres. This area, rich in energy resources, is a matter of contention as both nations lay claim to it.

 

Experts suggest that the discussions should primarily concentrate on the mutual development of energy resources in the Overlapping Claims Area (OCA) rather than on territorial disputes. This cooperative approach is believed to be a potential solution to reducing Thailand’s reliance on costly liquefied natural gas imports.

 

Prime Minister Srettha Thavisin announced that Cambodian Prime Minister Hun Manet will be visiting Thailand in February. The energy resources in the OCA will be high on the agenda.

 

Thailand’s Energy Minister, Pirapan Salirathavibhaga, stated that the two countries must revisit the unresolved issues surrounding the OCA. Despite previous governments’ attempts to tackle it, the matter remains contentious.

“Thailand needs to tap into energy resources in the area as a solution to energy shortages, as the country’s natural gas reserves are being depleted by the day. Without new sources of energy, the country will be in trouble in the future. Therefore, this issue is crucial in the negotiations,” Pirapan expressed.

 

by Mitch Connor

Picture courtesy of Thairath Plus

 

Full story: The Thaiger 2023-12-20

 

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Maybe set up a joint company to invest in drilling and share the results 50-50?

How is the OCA perimeter defined? Malaysia and Indonesia have reached agreement on their former dispute. Perhaps, if asked, they might give some advice.