| The Kingdom of Thailand's Model Production Sharing Contract Joseph Tomkiewicz1; 1TILLEKE & GIBBINS, Bangkok, Thailand; PAPER: 154/Laws/Plenary (Oral) SCHEDULED: 14:50/Tue. 29 Nov. 2022/Arcadia 3 ABSTRACT: We will provide a legal overview of Thailand’s Model Production Sharing Contract and high light several provisions. Any additional time will be dedicated to better understand COVID impacts and the force majeure clause, its meaning and possible uses throughout Asia. This legal overview is timely and relevant as Thailand prepares for the next offshore bid round for oil and gas blocks, this time featuring a production sharing contract and not its standard concession agreement. We will also offer the Model Form Production Sharing Contract as issued for the Department of Mineral Fuels for the Ministry of Energy in the Kingdom of Thailand. |
