Pridiyathorn opposes new national oil company plan

MR Pridiyathorn Devakula, former deputy prime minister of the Prayut government, has sent an open letter to the National Legislative Assembly (NLA) opposing a plan to set up a new National Oil Company (NOC) to take over the bidding of petroleum concessions.

The plan is included in amendments to the Petroleum Act, which is pending in the NLA. Pridiyathorn said there were irregularities in the proposal which would seriously hurt the country's management of energy affairs.
The NOC setup is being pushed by the NLA's committee on energy affairs whose members include former senior military officers close to the prime minister. The Petroleum Act amendments are due to be voted on at the NLA on Thursday.

Pridiyathorn opposes new national oil company plan

MR Pridiyathorn Devakula, former deputy prime minister of the Prayut government, has sent an open letter to the National Legislative Assembly (NLA) opposing a plan to set up a new National Oil Company (NOC) to take over the bidding of petroleum concessions.

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