The Ministry of Energy has launched its 25th bid round for onshore petroleum exploration and production rights, offering significant opportunities for both domestic and international investors. This initiative covers nine exploration blocks across Thailand’s Northeastern and Central regions, spanning approximately 33,000 square kilometers.
Please refer to the Newsletter below written by CDLAF's partner in Thailand: ILAW ASIA
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Describe
Key Takeaways:
Bid Blocks Overview
- Northeastern Region (7 Blocks)
- Central Region (2 Blocks)
Qualifications for Applicants
- Company qualification
- Financial & Technical Capabilities Qualification
Applicant’s Financial Requirements
- Application fee
- Bid Bond
Selection Criteria
- Work and Financial Commitment Obligations (80 points)
- Special Benefits Offered to the State (20 points)
Bidding day
Contractual Right & Obligations
