Prolonged Thai-Cambodian talks lead to huge shortage of natural gas and its by-products

05-Jun-12
As per a report from the Department of Mineral Fuels, the amount of natural gas from fields located in the offshore Gulf of Thailand area would slowly decline over the next 12 to 18 months. This means that the country's petrochemical industry, which has been relying heavily on raw materials made from natural gas, will face a major shortage in their manufacturing process. As per The Nation, Thai energy minister has urged PTT to urgently prepare for new challenges as talks about overlapping territorial claims between Thailand and Cambodia have been prolonged causing a huge shortage of natural gas and its by-products. Should the issue get settled in the next year or two, then it would take another 10 years before Thailand can start drilling for natural gas in the area. He said the petrochemical industry would need to make adjustments to deal with the situation when there is a low supply of natural gas.
  More News  Post Your Comment

Previous News

Next News

{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha
500,000 Lids / day thermoforming machine

500,000 Lids / day thermoforming machine