A Change of Guard

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Sunday 7 August 2011

Thailand, Cambodia Restart Talks on Overlapping Gas Claims


Written by Joao Peixe
Saturday, 06 August 2011
oilprice.com

While international attention has largely focused on China’s disputes with its neighbors the Philippines, Taiwan, Vietnam, Malaysia and Brunei over the offshore riches of the contested Spratly islands, other energy maritime disputes are roiling Southeastern Asian waters.

The Thai government is preparing to revive talks with Cambodia on overlapping petroleum claims in the Gulf of Thailand, which have been deadlocked since 2006. Thailand and Cambodia share an area in the Gulf of Thailand that encompasses more than 10,000 square miles in the “Overlapping Claims Area,” or (OCA), The Bangkok Post reported.

Thailand and Cambodia are also in dispute over a land frontier surrounding the location of the boundary on the precipice surmounted by Preah Vihear temple ruins, awarded to Cambodia by an International Court of Justice decision in 1962 and part of a planned UN World Heritage site.

The OCA is thought to contain up to 11 trillion cubic feet of natural gas.

In 2001 Cambodia and Thailand signed a memorandum of understanding on a proposed joint development of the southern portion of the OCA, with the northern portion eventually to be divided by a defined maritime border. Phnom Penh and Bangkok had nearly reached agreement on the overlapping OCA claims before the 2006 coup that toppled the government of Prime Minister Thaksin Shinawatra. Three years later Thailand unilaterally cancelled the agreement to protest Thaksin's appointment as an economic adviser to the Cambodian government.

By. Joao Peixe, Deputy Editor OilPrice.com

3 comments:

Anonymous said...

Cambodia had been through enough sufferings; it is time for the country to be rewarded. My hope is that the revenue from Gas, oil and Gold will be invested so that the monies continue to grow. The interests earned from the investment will be used to uplift the country from poverty such as assistant for Cambodia with business development, every child with free healthcare, free education included scholarship for colleges study etc.

Anonymous said...

Cambodia could have greeted and meet many people from different countries if she competed in Miss.Universe. But sadly she chose not to and remained unknown to many countries and the world probably forever!!

These ASEAN countries,culture and beauty are known to the whole world and all competed in Miss.Universe and are all developed.

Known countries,culture and beauties to the world and competes in Miss.Universe!!

1.Indonesia
2.Philippines
3.Singapore
4.Thailand
5.Vietnam
6.Malaysia

Unknown countries, culture and beauty to the world probably forever and least developed countries who don't compete in Miss.Universe.

1.Cambodia- We Khmer's are so lame that we are on this list of unknowns!!
2.Myanmar
3.Laos
4.Brunei

Anonymous said...

Cambodia face another Preah Vihear 2?