Bid plan for gas contracts

The government will attempt to boost transparency in the energy sector by holding an auction for the two major petroleum concessions in the Gulf of Thailand ahead of their expiration dates, instead of granting existing operators the right to extend the concessions without new bidders. The decision was made during a meeting on 30 May of the energy policy committee, Energy Minister Anantaporn Kanjanarat said. Energy Ministry to stage auction for key concessions following public pressure.

Keep reading