2022-Sustainable Industrial Processing Summit
SIPS2022 Volume 10 Nolan Intl. Symp Laws & Their Applications
| Editors: | F. Kongoli, M. McNeil, Y. Hayakawa, M. Dibra. |
| Publisher: | Flogen Star OUTREACH |
| Publication Year: | 2022 |
| Pages: | 126 pages |
| ISBN: | 978-1-989820-52-0 (CD)) |
| ISSN: | 2291-1227 (Metals and Materials Processing in a Clean Environment Series) |
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The Kingdom of Thailand's Model Production Sharing Contract
Joseph Tomkiewicz1;1TILLEKE & GIBBINS, Bangkok, Thailand;
Type of Paper: Plenary
Id Paper: 154
Topic: 61
Abstract:
We will provide a legal overview of Thailand’s Model Production Sharing Contract and high light several provisions. Any additional time will be dedicated to better understand COVID impacts and the force majeure clause, its meaning and possible uses throughout Asia. This legal overview is timely and relevant as Thailand prepares for the next offshore bid round for oil and gas blocks, this time featuring a production sharing contract and not its standard concession agreement. We will also offer the Model Form Production Sharing Contract as issued for the Department of Mineral Fuels for the Ministry of Energy in the Kingdom of Thailand.