Cabinet approves Round 25 onshore petroleum concessions

MGR Online•Economy•1d ago

Reader Briefing

The Cabinet approved the winners of the 25th round of onshore petroleum exploration concessions in Northeast and Central Thailand.

•PTTEP International Co., Ltd. was granted concessions for blocks L1/66 and L3/66.
•Pan Orient Energy (Siam) Limited and CanAsia Energy Corp. were granted the concession for block L8/66.
•The Cabinet resolution was passed on September 15, 2026.
•Block L6/66 is currently in the process of being proposed to the Cabinet for a decision.

•The Cabinet approved the winners of the 25th round of onshore petroleum exploration concessions on September 15, 2026.
•The exploration areas cover the Northeast and Central regions of Thailand.
•Five companies submitted a total of 8 applications for 4 exploration blocks during the bidding process started in late 2024.
•Concessions for blocks L1/66 and L3/66, if commercially viable, will support electricity production at Nam Phong Power Plant in the Northeast.
•The exploration activities are expected to stimulate the local economy, create employment, and generate state revenue through royalties and petroleum income tax.
•Block L6/66 remains under consideration and is currently being proposed to the Cabinet.
•The Department of Mineral Fuels will organize a signing ceremony for the concessions between the Ministry of Energy and the winning companies.

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Cabinet(คณะรัฐมนตรี)

The government body that approved the winners of the onshore petroleum exploration concessions.

PTTEP International Co., Ltd.(บริษัท ปตท.สผ. อินเตอร์เนชั่นแนล จำกัด)

A company granted the rights to onshore exploration blocks L1/66 and L3/66.

Pan Orient Energy (Siam) Limited(แพน โอเรียนท์ เอ็นเนอยี่ (สยาม) ลิมิเต็ด)

A company that, together with CanAsia Energy Corp., was granted the right to onshore exploration block L8/66.

CanAsia Energy Corp.

A company that, together with Pan Orient Energy (Siam) Limited, was granted the right to onshore exploration block L8/66.

Department of Mineral Fuels(กรมเชื้อเพลิงธรรมชาติ)

The agency responsible for considering concession applications and organizing the signing ceremony.

Ministry of Energy(กระทรวงพลังงาน)ℹ️

The ministry that opened the bidding for petroleum exploration rights and will sign concessions with the winners.

Nam Phong Power Plant(โรงไฟฟ้าน้ำพอง)

A main power plant in the Northeast that could be supported by petroleum found in blocks L1/66 and L3/66.

Warakorn Pornhomobol(วรากร พรหโมบล)

The Director-General of the Department of Mineral Fuels.

Northeast(ภาคตะวันออกเฉียงเหนือ)ℹ️

One of the regions covered by the onshore exploration blocks.

Central Thailand(ภาคกลาง)ℹ️

One of the regions covered by the onshore exploration blocks.