Business General New oil rules to elevate output, energy security Regulations allow petroleum production licences to be renewed several times PUBLISHED : 18 Jul 2026 at 04:38 NEWSPAPER SECTION: Business WRITER: Yuthana Praiwan –> Small Medium Large –> The Erawan gas block in the Gulf of Thailand is operated by PTTEP. The government is moving closer to approving new regulations that would allow petroleum production licences to be renewed multiple times, a significant shift aimed at strengthening investment in exploration and production. Prasert Sinsukprasert, the energy permanent secretary, said the amendment to the Petroleum Act is designed to ensure continuity…
Source: Bangkok Post Business
