Bangkok, Aug. 23-Department of Mineral Fuels opens a public hearing on the draft. The Petroleum Act prepares for a new cabinet to consider The goal is to increase the potential of building energy security in all dimensions.

Mr. Sarawut Kaewtathip, Director-General of the Department of Mineral Fuels, revealed that a meeting was held to listen to opinions. amendment and development of the law in the Petroleum Bill Recently too, which, after listening to opinions from various channels, will be revised before presenting the new cabinet.

The main points are as follows: 1. Creation of continuity in petroleum operations 2. Duties related to the demolition of installations used in petroleum operations 3. Creation of investment incentives for petroleum operations 4. Operations Develop organization, duties and powers to enforce laws and penalties; and 5. Supervise emerging businesses.

It is expected that this will be aimed at promoting the efficiency of petroleum exploration and production in Thailand in all aspects, both in terms of attracting investment through various measures while still receiving returns from the state. reasonable Participants expressed their opinions and gave recommendations on each section of the Petroleum Bill. both in regard to the production period Reducing duplication of laws between government agencies Improving penalties including adding provisions related to carbon sequestration

For the general public or those who are interested can express their opinions. through the legal system www.law.go.th and the Department of Mineral Fuels website www.dmf.go.th Between August 16, 2023 and September 14, 2023 .-Thai News Agency

Source: Thai News Agency