Because of the very distorted prices, we have been dependent too much on natural gas to the point where we have to start importing more and more," Mr Narongchai said in his office in Bangkok. "So we would want to produce or secure more supply from local sources by means of allowing a new round of exploration and production permits."
The government will offer concessions for 29 exploration areas offshore and in the central and northeast provinces, according to the Department of Mineral Fuels. Most will be onshore blocks in the northeast, close to Thailand's border with Laos, where recovery levels may be higher, Mr Narongchai said.
Because of the very distorted prices, we have been dependent too much on natural gas to the point where we have to start importing more and more," Mr Narongchai said in his office in Bangkok. "So we would want to produce or secure more supply from local sources by means of allowing a new round of exploration and production permits."
The government will offer concessions for 29 exploration areas offshore and in the central and northeast provinces, according to the Department of Mineral Fuels. Most will be onshore blocks in the northeast, close to Thailand's border with Laos, where recovery levels may be higher, Mr Narongchai said.
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