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5 firms compete for oil licences
Bangkok Post
|July 18, 2025
Five Thai and foreign energy firms are vying for licences on new onshore petroleum exploration and production projects, part of the state's latest efforts to boost the economy, says the Department of Mineral Fuels.
They have submitted applications to the department for consideration during the Round 25 auction on rights to explore and produce petroleum in nine areas in the Northeast and central region.
"We expect the selection process to be finished by December of this year. Names of the winners will be forwarded to the cabinet for the final step," said Warakorn Brahmopala, director-general of the Department of Mineral Fuels.
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