Oil Zone Report Prepared

Cambodia is finalizing a draft proposal on joint development with Thailand over disputed oil and gas-rich sea territory, according to the Cam­bodian National Petroleum Authority.

Members of the authority, the Conditional Petroleum Agree­ment Association consisting of six oil companies, and lawyers studied “a 200-page document” including the draft at a three-day workshop that ended Friday, the authority’s director-general Te Duong Tara said.

He did not elaborate on the contents of the draft and said it must be approved by Min­is­ter of the Council of Ministers Sok An before being submitted to Thai counterparts. The countries’ have argued about a 5,570-square-km block of the Gulf of Thailand for years.

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