Energy Ministry to hold bidding for gas exploration in Bongkot and Erawan blocks

Estimated read time 1 min read

The Ministry of Energy will go ahead with the bidding for gas exploration in the Bongkot and Erawan concession blocks in the Gulf of Thailand on Tuesday.

A ministerial source said that Energy Minister Siri Chirapongphan had reaffirmed that the auction would be in the PSC (production sharing contract) format. He expected that it would take about two months to consider the bids of the qualified bidders after which the public would be informed of the bidding result, with the winner expected to be known by year-end.

Full story: thaipbsworld.com

By Thai PBS World

TN

The main purpose of Thailand News is to offer our readers all news from the most popular and trusted newspapers in Thailand & Asia in one place.

Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.

More From Author

+ There are no comments

Add yours

Leave a Reply