Thailand discusses extending gas field lease with Myanmar, and considers investing in A6 to increase energy options and mitigate electricity cost risks.

The Thai government is moving forward with energy cooperation between Thailand and Myanmar, discussing the renewal of expiring gas field contracts, studying investment in the A6 petroleum field, and preparing a new energy MOU.

On August 10, 2568 at 07.40:XNUMX p.m. Ms. Rachada Thanadirek, Spokesperson for the Prime Minister's Office. It was revealed that the government prioritizes maintaining relations and cooperation with neighboring countries. In the case of Myanmar, there are connections with Thailand in economic, security, environmental, and energy aspects. Ongoing cooperation in the energy sector is crucial for ensuring energy security and managing production costs in the country.

Last Mr. Ekanat Promphan, Minister of Energy, and related agencies. discussed with HE Mr. Ko Ko Lwin, Minister of Electricity and Energy of Myanmar To further advance energy cooperation between the two countries, particularly in natural gas exploration and production, gas trading, and electricity interconnection.

Ms. Rachada said Myanmar has been one of Thailand's key natural gas sources for almost 40 years, with gas from the Yan Dana and Zawtika fields once accounting for 15–20% of the country's natural gas needs. These gases are crucial for electricity generation, industry, and other economic activities. Continued cooperation between the two countries is therefore essential.

In this discussion Consideration was given to renewing gas field contracts nearing expiration, and opportunities for investment in new petroleum fields, such as field A6, which has the potential to produce and transmit gas via pipeline to Thailand, thereby increasing energy options and reducing the risk of over-reliance on any single source. A new Memorandum of Understanding (MOU) on energy will be drafted to establish a framework for future cooperation.

“Relationships with neighboring countries are not distant matters for the people. Natural gas is one of the main fuels used to generate electricity in Thailand. Having sufficient, continuous, and more diverse energy sources helps the country better manage energy risks and costs, which ultimately directly relates to electricity prices, production costs, and the competitiveness of the Thai economy, as well as the long-term energy security of the ASEAN region.” Ms. Rachada said.

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