Petroleum Decommissioning Regulations in Cambodia, Myanmar, Thailand, and Vietnam
Tilleke & Gibbins, our corporate member, has shared that a series of perhaps unrelated drivers have resulted in a renewed emphasis on decommissioning obligations within the energy industry, from government mandates for renewable energy to the end-of-life of many oil and gas concessions and product-sharing contracts around Asia and throughout the world. These circumstances have spurred governments and oil and gas interest holders to begin the robust debate on decommissioning obligations and related processes and security arrangements.
In this article, we compare the regulations governing oil and gas decommissioning in Cambodia, Myanmar, Thailand, and Vietnam—a region in which this context has become especially consequential for investors, operators, and governments and their regulators.
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