THAI-MALAY JOINT PROJECT GETS BOOST

Proposed joint development of potential offshore natural gas reserves estimated at 3.6 tcf in the disputed territorial claims of Thailand and Malaysia has taken a major step forward. Action by Thailand's cabinet this month is expected to lead to start of exploration later this year in the joint development area, a 7,300 sq km area in the southern Gulf of Thailand (see map, OGJ Oct. 22, 1990, p. 23). Most important step was cabinet approval of guidelines for negotiating pr

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