On November 15th, Mr.Pichai Nariptafhan Vice President of Strategy for Pheu Thai Party Economically, he said the price of electricity is about to rise from 4.72 baht per unit, it could rise to 5.37, 5.70 or even 6.03 baht per unit, as he has been warned. that will make people suffer more Part of the problem stems from government mismanagement.
and according to the G20 meeting in Indonesia And will continue with the Bangkok APEC meeting hosted by Thailand. Although many important national leaders will not come, such as the US leader, the Russian leader, etc., and the meeting will not look very lively on the world stage. But Thailand can still greatly benefit from this meeting. If Thailand uses this forum to negotiate with Cambodia on the equitable sharing of energy resources in the area of maritime overlap between Thailand and Cambodia. Satisfied on all sides In this regard, I would like to give 8 reasons why Thailand should speed up energy source negotiations as follows:
1. The natural gas from the Thai-Cambodian sea overlap area is large, which will be greater than or equal to the original source in the Gulf of Thailand that Thailand has used for more than 30 years. There was no mention of territorial division. to avoid unresolved conflicts
2. The amount of gas from the Gulf of Thailand and Myanmar has decreased. At present, Thai energy sources in the Gulf of Thailand have begun to decline significantly. There was also a problem with the concession supply, which further reduced the amount of gas supplied. In addition, Myanmar has a huge internal conflict and a pipeline bombing. As a result, gas from Myanmar has fallen even more: gas prices from the Gulf of Thailand and Myanmar are much cheaper than the prices of imported LNG. which leads to lower energy costs especially the price of electricity. Gas from overlapping areas will solve this problem. Furthermore, the quantity is more than sufficient so that no more gas has to be imported.
3. Gas from overlapping areas will allow Thailand to produce electricity at a lower cost. This will reduce people’s expenses and increase the country’s competitiveness. Because at present, the electricity price in Thailand is much higher than the electricity price in Vietnam, and there will be another increase in the electricity price in January, which will be more than 5.37 baht per unit and may go up at 6.03 baht per unit People will have even more problems
4. In the future, the use of fossil fuels, including gas, oil and coal, will be significantly reduced due to global warming. Also, people will use alternative energy. Renewable energy and clean energy, plus green energy. The future of gas and oil may not be worth it at all.
5. Natural gas in overlapping areas is a wet gas that can be used for gas separation plants and petrochemical activities. Thailand already has 6 gas separation plants and also has a large petrochemical industry backing it up. Bringing natural gas from overlapping areas into the Thai sea –Cambodia can increase, Thailand can add value 6-20 times, which Thailand will greatly benefit from.
6. In addition to obtaining cheap gas to reduce energy costs The state will also receive royalties to be divided between Thailand and Cambodia: in the past, the state collected royalties of up to nearly 200 billion baht annually and it still does not take into account ongoing activities, including gas sales activities. petrochemical activity Plastic factories, etc., which create added value, take on jobs and pay taxes to the State, both VAT and Irpef and Irpef. enormously to the state that the government can use in welfare projects to help vulnerable groups and the elderly
7. Royalties to be received are likely to be in a higher ratio. The area has been shown to be rich in natural gas. This makes it possible to adjust the royalty more than before. which will give the state more money
8. Exploration and drilling for natural gas to be used requires at least 2-8 years, not after negotiations, and natural gas will be received immediately. Therefore, the negotiations should be concluded now.
These 8 reasons show that Thailand should speed up negotiations on energy sources in the maritime overlap area between Thailand and Cambodia. Because both countries will get cheap energy. In addition, he will receive huge income for the state. Furthermore, Thailand itself has also built on the petrochemical business which is already hugely valuable. to continue
Ms. Juthaphon Keturathorn, candidate for MP in Bangkok, Bangrak, Sathorn, Pathumwan and spokesperson for the Pheu Thai Party Economic Working Group, said US inflation in October was 7.7%, lower than expected, and pressure on the Federal Reserve to raise interest rates again will be lower. Also easing pressure from Thailand The appreciation of the baht Che will have to continue to keep an eye on this volatility. The Monetary Policy Committee (MPC), the Bank of Thailand, will meet soon.
In this regard, one way to modernize Thailand and keep pace with other countries is Changing the bureaucratic system and changing the platform of the country’s digital transformation which will modernize the country and more efficient Ready to create new enterprises to follow. Digital transformation will help reduce the size of the bureaucracy increase efficiency and effectively solve corruption problems Furthermore, to create a modern business Bureaucracy must be adapted to accommodate modern enterprises. Otherwise there will be problems connecting with the bureaucracy. which is a hindrance to development This is a big reason why Thailand lacks modern technology businesses.
Countries that have been successful in adapting the national platform to developed countries are Estonia, more than 20 years ago, seceded from Russia and transformed the country from a new generation of young leaders who appeared more than 20 years later. Estonia’s per capita income per capita is twice that of Russia, which has proven its success.
to revive the Thai economy in this era He will have to think again, do it again, hope to do the same and the economy will recover by itself, it is impossible. Guidelines to modernize the country to catch up with the world to create new enterprises at a high value to increase GDP increase the value of the country increase employment create opportunities for the new generation so that Thailand can continue to progress steadily
