Thailand's new government plans to resume negotiations with Cambodia over a disputed offshore oil and gas field.
Thailand's new government, led by Prime Minister Paetongtarn Shinawatra, plans to resume negotiations with Cambodia over a disputed offshore oil and gas field valued at over $300 billion. This initiative is among the administration's top priorities, aimed at addressing Thailand's dwindling energy reserves and rising fuel import costs. Both nations hope to reach a revenue-sharing agreement and benefit companies like Chevron and Shell.
October 10, 2024
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