Lessons from Thailand on the Importance of Devising and Implementing Detailed Decommissioning Regimes
Article from: OGEL 2 (2018), in Decommissioning
Introduction
This paper will argue that early clarity on decommissioning obligations is essential to ensure continued investment in existing oil and gas fields. Greater clarity will also make the decommissioning process more transparent, predictable, and beneficial to society as a whole. As a key concern from the state's perspective will likely be environmental remediation, it is preferable if the process is executed in compliance with publicly available standards and rules. Examining these issues through the lens of Thailand's experience, this paper will prescribe lessons to be learned for ...