Saturday, March 8, 2008

Thailand to talk with Cambodia over JDA project

Foreign Minister Noppadol Pattama said Saturday that the Thai Foreign Ministry and Energy Ministry would negotiate with Cambodian to launch a project of joint development areas.

Noppadol said Thailand and Cambodia have some 26,000 square kilometres of overlapping areas along the border and the areas were rich with natural gas and oil resources.

He said it was estimated that the areas had natural gas worth Bt3.5 trillion and oil worth Bt1.5 trillion so the two country should jointly develop the areas.

He said talks would be held how to divide benefits from the project between the two countries.

The Nation

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