Wednesday, December 28, 2011

Cambodia, Thailand to resume talks on oil-rich overlapping area


   PHNOM PENH, Dec. 27 (Xinhua) -- Cambodian and Thai petroleum chiefs set to meet here on Dec. 29 to discuss the plan for the joint development of overlapping maritime claims in the Gulf of Thailand, Ek Tha, spokesman of the Press Unit at the Council of Ministers, said Tuesday.
   He said the meeting will be held between Cambodia’s cabinet minister Sok An, chairman of Cambodian National Petroleum Authority, and Thai minister of energy Pichai Naripthapha who is scheduled to visit Cambodia on Dec. 29-30.
   “This is a good sign towards the joint development of overlapping claims area (OCA) for the mutual interests of both people and countries,” said Ek Tha.
   Cambodia and Thailand entered into a Memorandum of Understanding (MoU) regarding the area of their overlapping maritime claims to the continental shelf in June 2001, setting out an agreed area to be delimited and an agreed joint development area (JDA).
   Since then, the two countries had subsequently held constructive discussions and negotiations until 2007 with extremely fruitful result. However, the official talk on the issue between the two countries was in limbo during the former Thai government under Abhisit Vejjajiva’s administration.  Enditem

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